Matthew J. T.
How do you file Taxes as a wholesaler?
Do you just print copies of the checks you made and keep them as your stubs, and save them come tax time and take them to H&R block, or how exactly do you do it?
Sara Klaus
LLC - "Doing Business in California"
We are purchasing our second investment property in Hawaii. Our first property in Hawaii is owned by "Property 1 LLC," which was formed in Hawaii. This is a multi-member LLC. We live in California, and self-managed th...
Ronald Black
California LLC Franchise Taxes
Is there a way to change title to a property out of an LLC to avoid paying the California Franchise Tax. Someone said putting into a trust might work. Any ideas?
Kevin D Key
Cash out Refinance of Rental Property to give to Son
I am a retired 63-year-old military veteran considering giving a rental property to my only son, a 22-year-old senior in college. The rental home in San Antonio, TX is completely paid for and has a market value of abo...
Donald Lowe
Alabama tax deed information
I'm in the process of buying a tax deed to a vacant lot over the counter from the State. The lot was acquired by the state in 2016, so I'm assuming it will be a tax deed vs a certificate. The owner is deceased and the...
Timothy Frazier
Capital gains question for primary residence
My current home is a single family house in my name and with mortgage debt in my name in PA. I have lived in this property for several years and due to the appreciation in my area over that time as well as the upgrade...
Karen Bolyard
Capital Gains Question
Hello everyone,I recently purchased a SFR as an investment property and started rehab this week. Trying to decide whether to flip or rent. I had originally thought I would rent for year and do a 1031 to avoid cap ga...
Phillip Wright
Transferring residential properties.
So I have a business that we are looking to sell. There are also two residential properties within the llc that the business is owned by, but we don’t want to sell those properties. Is there a way to transfer those tw...
Kris Mccrary
Taxes on flip house
My brother and I started an LLC, bought a house, renovated it, sold it. Now we have some profit and was curious if there’s anyway to put the money into another vehicle to avoid the taxes on profit. Looking back I woul...
Dolev Shemesh
Floating Rate for Commercial Deal Advice
Hello, I have this good opportunity buying a complex. Seller offer private financing for 10 years @ 5% interest rate. Cap rate is 10% @ $2.2m ($400k DP) and I'm calculating approx. 33% annual profit at these rates. Al...