Steve Cunningham
How to avoid a tax hit?
I own a condo in flagstaff and a house in Colorado. I want to sell both to buy a house in New Mexico. How do I do this without taking a huge tax hit?
Chris T.
How to avoid Captial Gains Tax
Hello,
My brother is selling a home that he's owned for several years. It has been rented part of the time. Aside from his personal residence this is the only property he owns.
Does ...
Mark Page
Avoiding 401K early withdrawal taxes, penalties ?
So I’ve borrowed against my 401 k to purchase my first short term rental property. Fortunately it’s doing really well. I need funds for my next properties and I’m planning to liquidate my 401k so I can invest that mon...
Ethen Armstrong
Ways to Avoid Taxes for Seller
I have an investor friend who would like to sell me his real estate, but he doesn't want to pay a ton in capital gains. Are there ways to avoid paying tons in capital gains legally? I know a little about seller financ...
Eric DeVito
How to avoid Capital gains tax?
Hello all, basically I am putting my primary home on the market after I recently got it appraised and I am looking at getting a large profit. I currently have lived in this home for about 14 months and I used a VA Loa...
Will Kenner
Rich Dad's taxes and avoiding DIY
For the RE investor just starting out, preparing their own taxes, or who has questions about Cost Segregation, Passive vs. Active income and loss, Deductions, Depreciation, etc..the recent BP Real Estate podcast #569 ...
Michael Hooper
Entity Transfer to Avoid Tax Reassessment
I'm looking to purchase 10 townhomes in Cincinnati. The current owner paid around 275K for the property and is paying 11K/year in taxes. The numbers on the property were looking good until I was told that if I purchas...
Hailie Shaw
How to Avoid CT State Taxes
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...
Mikael Winkler
Strategy to Avoid Capital Gains Tax
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 ...
Patrick J.
How do partners avoid SE Tax?
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?