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Results (10000)
Sara F. AirBnB Setup from a Distance - Need Advice
14 November 2024 | 6 replies

Please give me your best advice for STR setup from a distance. How did you find someone to oversee the set up and also be your boots on the ground as needed for emergencies once the rental is ready? Not looking for a ...

Chris Waugaman Rental Property Depreciation Tax Question
18 January 2023 | 13 replies

Hi All- 
So I purchased my first rental property 2 years old. New construction townhome. My question is about Tax write offs. So my account has told me to not take the yearly depreciation on the property for my taxes...

Cade Schacher Capital Gains on Primary Residence
16 June 2018 | 5 replies

With your primary residence can you avoid the capital gain tax if you have lived in it for less than two years? Would you be able to do something like a 1031exchange but instead of business or rental property it would...

Jaden Ghylin Entity for a new flipper
21 March 2011 | 7 replies

I just broke the RE investors code. I jumped into flipping a property without having all the details hashed out ahead of time. I came across a good deal and had to move, so now I've got a property that's almost thro...

Kyler Lee Flip property investing
15 January 2020 | 1 reply

I am looking to do my first flip, what is something you guys look for in a successful flip? Also is there any way I can avoid giving all of my property to the government?

Kenneth Irvan Rental properties inside IRA vs Cashing out IRA
21 October 2018 | 1 reply

I have been pondering cashing out my IRA to purchase rental properties.  I am in my mid 40's but I think I can avoid the 10% penalty with the "equal withdrawments ".   I am reading about two different strategies.........

David Swatch Franchise Tax in California
19 May 2016 | 3 replies

I am flipping a property in ca I bought in November 2015 . Escrow lady told me I have to pay 3.5 % franchise tax because property is under my name . Is there any way I can avoid this tax any suggestions will apprecia...

Michael Gust 1031 Exchange and Solo 401 (k) questions
18 October 2022 | 10 replies

Hello Bigger Pockets Friends!  Looking for guidance on two questions related to single family detached rentals. 1.) If I sell a rental that I acquired using 100% qualified retirement money from a Solo 401(k) and immed...

Stephen McGrath LLC Tax and Debt Questions
23 July 2021 | 1 reply

Hello BP,
I am in the process of closing on a commercial refi loan on a property. When i had bought the property cash, i had formed an LLC but ended up not using it as i didn't want to roll the property into an LLC a...

Brad Shepherd Tax implications of deeding out then back to LLC during loan
26 August 2020 | 4 replies

(This is not a due on sale clause question.) It's common practice to deed a property out of then back to an LLC during a refinance process in order to get better loan conditions. I'm considering this, but nervous abou...