If you hang around the real estate investing space for any amount of time, you will hear the term “1031 Exchange.” You’ll likely be curious why this strategy creates so much excitement, so that is what we’ll walk thr...
For a lack of a better way of asking, what is the best way to avoid / delay the capital gains tax from the sale of a flip house? When I spoke to my accountant she said that the 1031 was used as stated for an exchange...
I did a 1031 tax deferred exchange in 2018. I sold three properties which closed on 11/1/2018 and I closed on the purchased property on 11/13/2018. I completed form 8824 and have documented the adjusted basis for the...
Hi BP,I recently had some questions about estimating for capex (link below), and that got me thinking about taxes. If you add in a certain expense on your P&L for building up capex or deferred maintenance reserves...
I was wondering if anyone had info on reinvesting crypto profits to avoid capital gains tax. Can you buy real estate in opportunity zones to defer gains tax? Thanks!
I am ready to cash out of a highly appreciated property. My attorney put together a plan he is confident will work but I believe this is the first time he has done this so I am reaching out to all of you for critique...
I understand you can defer taxes on SFH through a 1031 exchange, but what about tax deferment as an LP of a syndication? It's my understanding you'll have some paper losses due to depreciation that you can push to fo...
The IRS does not allow real property Dealers to use the Installment Plan method of accounting. This means that if the Dealer does an Owner Financed sell, he/she is responsible for the tax liability for the entire pape...
I'm looking to sell a house that I've recently rehabbed to an LLC for roughly $250k by years end. Then, next year, I plan to have the LLC list and sell the house to the general public.
I want to sell the house to the...
I’m selling a rental investment property I solely own (Property 1). I would like to avoid (uhmm...defer) capital gains tax by investing profits in another rental investment I own (Property 2)...basically reduce princi...