Brandon Elliott-Pandey
Great way to pay little to no taxes!?!?
For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at...
Brent Byers
Canada 1031 exchange - Eh?
hi - wondering if there is an Equivalent to the 1031 exchange in Canada - or more spec in ONT?Can i defer my Cap Gains to some other item, purchase or method? Please say YES!!
Nathan Williams
Should I be worried about the UBIT / UBTI tax and an SDIRA?
Hi All,I am interested in transferring funds from my IRA held at a brokerage firm to a SDIRA with a custodian. I've done my homework on SDIRAs and I am aware of the benefits and the restrictions. However, my tax attor...
Daniel Patrick
Vacation rental purchase
Hey guys,
I am looking at purchasing a vacation rental in Hawaii (very early). I am out of state and plan on using a management company.
I am only interested in going forward if I am cash positive.
When I start...
David Smith
Starting a 1031 --- one question:
My wife and I own a property. We plan to do 1031. My plan: we form an LLC. We sell the property to the LLC. Then LLC do the whole 1031 -- sell and buy another property, so that we can use llc to protect the re...
Sean Whiteman
Alabama Redemption when buying a Tax Deed via quick claim
Question:I purchased via quick claim deed a property in Alabama that was purchased at a tax sale in 2012. Tax Deed was issued in May of 2016. Unknown what if any steps prior owner took regarding ejectment lawsuits. Ba...
Mike Dymski
interest and penalties - safe harbor
I received an IRS tax notice with interest and penalties that related to the balance due with the filing of the extended return in October. Tax withholdings were well over 110% of the prior year tax liability; so, I ...
Lynn Green
Depreciation or Expense
I spent $20,000 on replacing decking front and back. It was Trex , which is supposed to be lifetime warranty, that is another issue. Also, we replaced siding on the East and West side of the house, which was another $...
George P.
0% mortgages
Some gurus (like Richard Roop in his Free and Clear Course) teach investors (among other things) to get interest-free loans from sellers of free and clear houses.
I guess my (ethical) dilemma is not in the asking for ...
Mindy Perry
rental loss deduct against w2 income for real estate professional
Hi everyone, is there a cap on how much rental loss you can deduct again your w2 income as a real estate professional? Thanks so much!