Wayne Tsang
Keep or Sell Home with a Pool
HI All this is my first time posting in the BP forum!
I am moving from my 2-family house to a new single family house in a few months. The house was bought in 2016 for 600K and has appreicated to around 800K (based o...
Craig Connors
Is there a tax deferral option after a Seller Financing pay-off ?
A seller named Al provided 80% financing on a commercial property he sold in 2008. The owner (Josh) is now selling the property and Al's loan will be paid off. Can anyone advise if there is a way to further defer the ...
Jake Andronico
Tax benefits - 1031 Exchange OR Section 121 exclusion on the same property...?
Accountants, CPA's and 1031 Exchange experts - this one's for you. I was discussing a scenario with my RE partner where a property could be considered a Primary Residence AND an Investment Property, which could potent...
Michael Callahan
Capital Gains Tax on Property Sold by an LLC
I am under contract to purchase a condo in NH in my name to be used as a STR. We are paying cash. I plan to transfer the property into a multi member LLC (myself and family owned) shortly after closing. My question is...
Mikhael Brown
Seller Financing Taxes
Hey guys. I am negotiating a seller financing deal with a property owner,who inherited a home after his mothers passing. House has no mortgage. He likes the idea of seller fiancing but in not sure how it will be taxe...
Mike H.
re: 1 flip with full time job avoid dealer status?
Help me out a bit here. Just trying to get a sense of this.If I were to flip one house that I bought under my name and sell under my name.And if I have a regular full time w2 job.Would that mean that the flip would be...
Tyler Caruso
Monetized installment sale
Has anyone heard of these or done one? I am selling my business and am looking at doing one of these to potentially defer taxes for 30 years. Any feedback would be appreciated!
Tim Clarke
How to limit taxes using opm
I am getting started and have an investor. They have a 403B, which is similar to a 401K. I spoke to a cpa and was under the impression that I could use a 1031 exchange as long as I am using the money for another inv...
Justin Summers
Dealer vs INvestor IRS classification
I own a Real Estate C Corp that Flips properties. I also own a construction/ design company that gets paid from the C-corp through a 1099 each year when I do construction or design services for the C Corp.
Averagi...
Drew Solidum
New Investor in KC Area
Hi All, new investor here in the KC area! I've enjoyed reading through the content on the site and look forward to gaining keen insight from everyone on here.