George Post
Newly Weds House Sale Capital Gains Exemption
Howdy my Tax Pro's!Let's say there is a couple. The guy has owned a house for 8 years, she's been living with him for over two years, then they get married this Winter. They are looking to sell that house and move thi...
Nicholas Clayton
Title for Duplex: Personal names or LLC when planning to live in one side?
Hi BP,
First post here after lurking for quite a while.
I am currently buying my third duplex with my partner here in Colorado. Each time on the first two I have bought in my name, renovated one side while living...
Clara Settje
Los Angeles RSO applied to ADU and roommates?
I recently completed an ADU renovation on my property in Los Angeles and am hoping to rent it out most of the year. I received an RSO bill and am not sure if I qualify for an exemption. I rent my front house out to ro...
Johnery Laurimore
Myrtle Beach Vacation Rental Taxes
Has anyone dealt with the personal property tax on Myrtle Beach Vacation rentals? Any exemptions for nonresidents? Other random year end taxes?
Jimmy Ma
Rental Property: Taxes and Insurance
Let me begin by saying I'm new to investing in foreclosures as rental properties. I have a few questions I hope someone here can help me with.
I'm thinking about buying a second house in my neighborhood (foreclosure)...
Ian Russell
Getting conflicting answers about tax exemptions selling my house
So I am trying to see if anyone know the answer to this question. I am selling my house in San Jose in which I lived in for 5 years. I moved out last year and rented it out for the whole year. I bought the house ...
Morgan Gutierrez
legal timeline for updating investors
Is there a legal timeline to update current investors about a significant change in the investment?What are the legal requirements for updating the investment information/pitch deck for new investors?I am no longer wo...
Jessie Huffey
Single Member Real Estate LLC for Flips?
Hi All,My husband and I have done a couple of "slow flips" in our personal names in order to take advantage of the capital gains exemption. We are now considering buying property in Louisiana (with a promissory loan n...
Jonathan Dicent
SEC Registration for Note Fund?
Hello All,
I'm curious to know if you wanted to start a Limited Partnership to invest in notes and/or tax liens, is that something where you would need to register with the SEC or some other regulatory body? Whether ...
Brian Wert
Taxes owner occupied duplex
Hi All
Can someone give me technicals on how taxes work on an owner occupied duplex in Philadelphia, PA?
I collect rent from a roommate in the first unit and also collect rent from the second unit. How is it determin...