Jacob Wohlgemuth
How to Avoid Capital Gains
Hello,My partner is planning on selling her condo, however, I am in the midst of purchasing my first property and we plan on living together. So, where can she move her money after selling in order to avoid capital ga...
Stacey Marsh
NPN Investing as a JV
Hello Note Investors,I am considering investing with an someone who specializes in NPNs. I'd like to get your thoughts on the proposed terms. I would bring the capital and we'd split equity 40%/60% - my return at 40...
Sam Dal
Filing individual K1s in the states
GuysThis is sort of a continued post from the thread belowhttps://www.biggerpockets.com/...I have a few k1's with syndicate and ATM funds which have invested in many states (12 for me). I spoke to my local CPA and he ...
Thea Linkfield
Switch Property to LLC for tax purposes?
Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...
Scott Anderson
Selling Investment Properties to buy Primary Residence
Hello All,I am in the process of making a large move, and was hoping for some advice from the community. I currently live in PA, and have 2 investment properties in other states.. One property I rent out as a vacati...
Carlos Flores
How? SDIRA buying in to Rental Business. Splitting Depreciation.
I am trying to understand how this deal could be structured. Assumptions: new LLC being formed in Texas to buy a multifamily with recourse financing. Three people/entities, one of the three is a SDIRA LLC. Capit...
Joel Bowen
Understanding how depreciation counts as negative income?
Hi guys, the following quote is from this BP article: https://www.biggerpockets.com/renewsblog/2014/10/2...Could somebody please help me understand this concept by giving a real life/hypothetical situation that makes ...
Jonathan C.
Flipping as Active Income - Tax issue/Question
Hi All,I have read a lot of posts & books and even attended "Guru" seminars that all seems to make the same statement that a Flipper pays his/her profit as active income - in tax bracket of 30%(?) vs. 15% capital ...
Pier Di Giorgio
$100,000 GAIN FROM PROPERTY SALE: TAX DEDUCTION & REPs STATUS
Hello BP community,I am a real estate investor with a portfolio of 6 rentals. This year I will qualify as a Real estate professional and I will also make a grouping election for all of my real restate units. I am plan...
Jasmine Lu
Should I sell a rental property now ?
Hey, I am new to BP. I started RE investing before really knowing the ABCs. Now I am seeking some help to decide if I should sell a rental unit. I bought a condo unit for 388k in 2017 ( I live in a high cost area). Th...