Sandy Sawyer
Can flipping within ROTH SDIRA LLC trigger UBIT?
My idea is to avoid capital gains tax by flipping within the ROTH IRA while avoiding the transaction fees by managing the LLC myself. My questions are 1) What is Unrelated Business Income Tax as it relates to this? 2)...
Corey G.
Property management LLC (filed as an S-corp for taxes) on my own properties?
So I posted the other day asking if I could get around passive income on my rental properties so I could contribute to my retirement account. Post here: https://www.biggerpockets.com/forums/51/topics/1183339-contr... ...
Gary Alford
Seller afraid of capital gains
Whats up BP fam,I just got off the phone with a owner of a house I found while driving for dollars. She says she wants to sell but she is afraid of paying capital gains taxes because she was killed by them when sellin...
Jillian S.
Avoiding Capital Gains on Rentals
I'm reading conflicting things regarding capital gains on rentals. According to the IRS site, it looks like one can live in a rental property for 2 of the past 5 years, even if that property was acquired as a 1031 ex...
Brendan Hallissey
Using 1031 exchange and 121 exclusion to minimize tax
I currently have an investment property I'm considering selling. I purchased for 250k several years ago and have received unsolicited offers of up to 400k. I am considering selling to lock in my gain and using a 1031 ...
Gurbej Singh
CT or VT LLC please guide
Dear Investors
I am buying a multifamily in Vermont
Which I might sell in 1-2 months
Should I buy this in own name or LLC?
I have a CT LLC would it be better to make new Vermont LLC?please suggest to avoid gain ...
Michael Batshon
Living in California and looking to invest in Nevada
Hi,I am looking to purchase a couple rental properties in Nevada, living in California the taxes here are crazy and i want to pay as little as legally possible. If i bought a property in Nevada how would i go about pa...
Nick Knoblach
Partnership Investing in Joshua Tree, CA
Hello BP,Myself and two others are investing in a new construction in Joshua Tree, CA that we will be using as a STR. Two of us live in Minnesota and the third partner lives there in California. I have a couple questi...
Michael Draper
Transfer tax when transfering from me to my own business?
I just bought a property in my own name. I wanted to buy it in the name of my business, but because I started the paperwork in my name (because my LLC wasn't finished at that time), I had to buy it in my name. The chi...
Davison Horst
Month to Month versus Yearly Lease in Northern Florida
Just about finished renovating a 2nd house that I own. Seeking to begin renting January 1st. Have never been a landlord before. As such, is it best to do a Month to Month (1st months rent and one month security deposi...