Nathan Boyd
Any advice much appreciated!!
A few years ago my father quit claimed our automotive shop property to me right before he died.
That was 2016. I am due to close next week. I am trying to determine what capital gains tax will be since it was inherit...
Merle Sauvola
New Duplex expense calculations (Greenville SC)
I’m finally making the leap into the build/hold homes. Been building/selling new homes for a number of years.
I’m getting a pitch deck together for my investors, and and needing some insight on some expenses.
On ne...
Tyler Belliston
How Do I Take Advantage Of Capital Gains To Grow My Portfolio?
Hey Everyone, Every time I write one of these I get great feed back! So thanks in advance. Here's the deal...I bought my first property a year ago for 300k, and it's likely appreciated in value 55 - 70k. That's a roug...
Yu Xiao
buy a home, build a DADU, sell both units after DADU complete, tax saving strategy?
If we purchases a home as an investment property, build a DADU, and sell the home and DADU (around 12 months after the purchase), what's the best strategy for tax saving?My partner and I are both on the higher end of ...
Steve Q.
Tax Implications of Living in one of Your Units
Help me out here please, smart people!
Is there a tax savings to live in one of your own units vs renting your primary residence somewhere else and renting out all your units?
Scenario with fake round numbers: 3 Uni...
Justin Putt
Taxes on profits
I have a question regarding taxes after selling a property. Lets say I sell a property and make 20,000 off it after all fees and agent commission, how is that 20,000 taxed if I want to cash out on it. And is that some...
Ray Slack
Question New GOP Tax Bill on 20% income deduction 4 passthrough
Quick question.. below is the new proposed GOP 20% deduction for pass through businesses. Is this like a standard deduction? or a cap? So, I have a S-Corp that is a pass through so if I make $100k income and $50k ...
Justin Ash
Failing to plan is planning to fail...
Fact.The US government is totally bankrupt, Social Security is running out of money, and that the Federal Reserve is rapidly engineering its own insolvency.How do we find value to soften the impact?How do we make bett...
Patty C.
What Choice To Make For Defined Benefit Supplement (DBS) Upon Retirement?
What would you do if you had a defined benefit supplement (DBS)? Would you take a lump sum? annuitize it of a period certain? annuitize for life? roll it over to a 403(B)/401(K)? roll it over to an ira?Lump sum puts m...
Rafael Castillo
Business tax deductions-- How do I start?
I would like set up my business to take full advantage of every tax deduction. Should it be a LLC? Your help or guidance will be greatly appreciated.