Nicole Parnell
Capital gain tax on selling real estate in 1 year
What is the % of taxes I may be subject to pay on a property I lived in for 366 days then sell at a profit? I'm getting mixed responses on this. A real estate agent told me 25% of the gain. A lady on biggerpockets for...
Ken Rishel
Developing With Manufactured Housing
May 3d - Caesars Palace - Las Vegas, NV a part of the Manufactured Housing Institute's National Congress and ExpoFacultyDonald Westphal, Donald C. Westphal Associates, LLC, is a Landscape Architect and Site Planner wh...
David Weintraub
Title Issues / Deed - Different States
Pennsylvania has proven to be a difficult place for HML to do business with new clients, specifically Philadelphia and some surrounds counties.
Deeds are not registered in some cases up to 90 days making title insura...
Kenny Wyland
Seller Financing CA FTB Form 593 for the Buyer?
I'm purchasing a new rental property and the Seller has agreed to do an installment sale (seller financing). The escrow company just gave me a copy of Form 593 which appears to say that, as the BUYER, I must withhold ...
Quinten Jones
Business Structure
Hello friends,I have a question on entity selection and business structuring. I plan on starting my business in real estate investing, effective January 1, 2015. However, I began thinking about how I will structure ...
DeAndre Xavier Thomas
Using vacation rentals as Airbnb
Hey BP community! I've recently been toying with the idea of buying a lake house soon and renting it throughout the year on Airbnb. I've ran some preliminary numbers and it seems sustainable but I would like more info...
Jacke Draper
Solo 401k House Purchase using an LLC - IRS constraints
I have a solo 401k plan and want to use this and a non-recourse loan to invest in a rental property. The property I'm looking at needs a lot of work and so will not qualify for a loan. I can purchase the property with...
Blake Andrus
Tax advisor/Tax prep
I have decided to move on from the family accountant who has little background in real estate. I just purchased 12 units across 4 buildings, which brings my total portfolio to 14 units 5 buildings. I would classify ...
Jeff Ju
How to calculate net of investing personally vs. defined benefit
I've found so much contradicting information online and through the hired professionals that handle my taxes. I am hoping that someone here can provide a more reliable answer. I have a well-funded defined benefit pens...
Asia Whited
Deducting RE courses/coaching/membership fees
Has anyone had success deducting fees from a REI membership that includes coaching/courses/workshops/etc without an entity in place? I have rental property that isn't yet in an entity and no other business as of yet, ...