Jonathan Paz
Disposing 1031 Exchange Property Question
Hello, I am trying to get an idea for the tax consequences I would face by selling a property that I acquired via 1031 exchange. Here is the background:*I purchased Property A on Feb 2016 for $109K with cash, rented ...
Kirk R.
in 10 weeks, $$ opportunities!?
I wanted to get a new golden doodle puppy. I thought with CV might be able to get a "deal". but no, everyone wants a pet as they are isolating at home. After everyone goes back to work some people will no longer wa...
Kyle Scofield
College Student w/ LLC filing for taxes
Can I still be claimed as a dependent on my parents taxes? How does this work?Thanks in advance to anyone that answers!- Kyle
Errol M Tazbaz
Buy really expensive property and rent out for a loss?
Ran an analysis on this one. They are losing $2500/mo assuming 80% LTV and CoC is -11.27%. Assuming 10% appreciation the 5-year annualized return is 31%, but they are speculating that the market will perform like that...
Frank Coger
Florida Inheritance capital gains on a propery
Hello. I own an inherited property in Florida. I inherited it in 2010 at a value of 192K, 10 years later the house is valued at 439K. How can I calculate the capital gains tax?
Michell Chase
Alot on information on offsetting W-2 income but not much on 1099-R income...
I am currently drinking from a fire house on everything investment real estate. Closing on my first investment duplex this week and looking for my 2nd. I hear a lot about ways to 'off set' your W-2 income etc.. I...
Sean H.
Do i qualify for 0% capital gains tax?
Help me confirm my google search, so i can avoid the trouble of doing a 1031 before my property closes.
I have owned this house for more than a year, (i can't claim it as a primary residence, but i think that only ma...
Thom H.
401k vs Rental Property...should he cash in the 401k???
A friend at my "day job" asked me a question this week regarding cashing in his 401k to fund purchasing more rental properties, when he learned that I was in the rental property business. He's a mid-forties corporate...
Rajesh T.
Double Income selling rental Property
I have listed my rental home of 6yrs for sale, our situation me and wife are working and the capital gains tax quite doesn't look correct. I was told the capital gain tax doesn't avoid us from actually adding the prof...
Alexis Huerta
LLC Tax Election?
currently weighing my options on how i want my LLC to be taxed.Business activities will be receiving royalty income from my buy n hold properties..s-corp or partnership????? is the million dollar questionsand i want t...