Hello, I used my VA loan to purchase my primary residence, SF house in FL this year. My 1 year mark is March 15th 2023 and I would like to buy a second home at this time in CT. But, I do not want to be a resident of C...
Hello BP!I've been kicking around a capital gains question for awhile, hoping to get some insight. To preface, I'm planning to cash out of a duplex I own in my personal name, either through a sale to my partner or on ...
A tad off-topic from real estate, but I'm sure it pertains in some ways.....
I'm purchasing a life settlement with a significant return and I'm wondering how I can avoid taxes on the death benefit as much as possible...
How do partnerships decrease or eliminate SE tax?? Are both allowed to be limited partners? Is the only way to create an LLC and 2 S-corps, one for each partner?? Who's the smart one that knows this answer?
We bought our new house before selling the old building. We used to live in that building for more than 10 years. How many years do we have to sell the old building to avoid capital gain? I remember we should have thr...
Is there a way to transfer ownership of a property out of an LLC that you own 50% into solely your name without paying any transfer taxes?
I plan to buy a property in upstate New York to rent out to college students in the area. I was also planning to create an LLC in Montana and buy the property through the LLC because I heard their property tax is 0.8...
I currently invest in Louisville, KY and am considering purchasing out of state in the next year. What, if any, expenses are allowed as tax deductions ie: food, travel expenses, rental car, flights? Thanks
Hi all! I am a new investor looking to put together a team as I prepare for my first duplex purchase. I am looking for recommendations for tax advisors/preparers who specialize in real estate in the Southeastern PA ar...
We have several properties, between family members, and we are going to officially organize into a business entity. The goals are to reduce liability legally, be able to pool resources when going through underwriting...