Are there any tax benefits to doing fix n flips where you sell the LLC that the property is held in vs. selling the actual real estate?
Example: Purchase and rehab a house in an LLC, then sell the LLC.
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It has become increasingly difficult to cash flow with house hacking. Despite this fact, the return on your investment (ROI) is incredible enough that it still warrants exploring buying real estate with the house hack...
i bought a house in 2011 that was at $200 and now it is at $500, i think the market is still going up. My strategy is to wait 4 years than sell it when the market is high and than wait for the market to tank and buy 3...
So I sold a house for $250k and my tax guys says I will owe $20k in taxes. I am trying to do a 1031 exchange but would you buy a property that's not really a good deal to avoid the taxes. I have 2 duplexes lined up th...
My siblings and I want to pool our savings together to invest with a syndicate. We are thinking about setting up a holding company structured as a general partnership instead of a LLC to avoid California taxes and fee...
Hello Team,
I was able to buy my first investment property 3 months ago, I am aware that are many strategies (depreciation) to avoid paying taxes on my profits.
So now I need a good tax company that knows these Re...
So I have a property am selling. it’s paid off with no liens or anything on it. However, it seems because of the recent rise in interest rates, it has unfortunately push most potential buyer to get qualify for the mon...
Hi All, I am trying to figure out the best way to fund a potential deal. My company awarded me some stock a while ago which recently vested. I didn't want to get hit with major taxes if i sold it. Is there any way to ...
I am currently completing my first wholesale deal with my partner and we are ready to start operating under a real company. We plan to do wholesaling but also buy some rentals as we go and I don't know whether we shou...
Hi All,
We just started a c-corp to take advantage of ROBS capability, and I'm doing some basic research on cash vs. accrual method for accounting. For a rehabbing business it may not make much difference du...