For every investment property held less than an year, is it required to pay a capital gains tax after the sell? If so how does that work?
I currently own rental properties through a Chapter S corp. To add a layer of liability protection, I'd like to transfer or deed my rental properties to separate LLC's and make my Chapter S a management company (for ...
Can anyone refer me to a good REI attorney in the northern Virginia area? I'm looking to start setting up my LLC and would love any and all references.
Hello folks,
Does the Total Rent income or Net Rent (rent - mortgage, HoA, PM) income count towards the Accredited Investor status $200K annual income requirement?
Thanks,
Sonny
Hi All, Going to be starting with some Whole Sale deals here in the coming weeks. After completing some deals, and maybe 8-12 months down the road, I'll be getting into Fix & Flip. The goal is to then Buy and Hold...
I am an foreign investor looking to buy my first rental investment in Memphis. To get started I want to set up an LLC and ensure its setup properly to avoid getting double taxed in New Zealand. Any recommendations fro...
I have inherited a basic brick ranch 3/ 1 1/2 home in Arkansas after long probate. It is paid for but needs work before my Mom could live there. More work after she moves in to upgrade to sell. Doing a cost benefit an...
Hi, I have a wholesale deal closing in NY and I live in NJ. I created a NY LLC for my wholesale deals, but want to get the money back to an LLC that I have in NJ. Should I take the funds/profits from the wholesale...
HI everyone. I'm looking for some help finding a wealth coach. My real estate strategies are paying off well, but the taxes are crazy and I'd like to focus my machine a little, with an eye on legacy wealth. I am l...
If there is a house owned by a trust and all three trustees currently have ownership of it. Is there a way to buy out one trustee without triggering capital gains taxes?