There seems to be confusion regarding how the new Tax Laws affect the interest deductibility of home equity loans and HELOCs. A lot of folks think the new laws do not allow deductibility of interest on their HELOC. Wh...
Let's say you have a property that will take just a bit over 12 months to renovate and sell... now the rule for 1031s is that you can only use them if you hold the property for at least 1 full calendar year so does th...
What Does Effective Tax Planning for Real Estate Investors Look Like?
A lot of Investors
on BP recognize that they need something more than a trip to H&R
Block at the last minute.
1] At the very
basic we w...
Hi All!
I recently (November 2020) purchased a property in Northern California and the market lifted quite a bit in the 12 months (18%+). Sadly i am having to move cities due to another job opportunity but didn't wan...
This question came up yesterday, and I thought other people might have the same concern. As a result, I am sharing it here. After a tax certificate sale in Alabama, the investor is entitled to possession and in some ...
This question came up yesterday, and I thought other people might have the same concern. As a result, I am sharing it here. After a tax certificate sale in Alabama, the investor is entitled to possession and in some ...
Hi All:
I'm working a short sale where the seller has submitted to us all of her docs needed to initiate the short sale EXCEPT her 2011 tax return. And the preparers of her return have not returned her calls....
Can I take a 1031 that is in the name of my wife and I, and then enter into an LLC partnership to takedown a property?
Can I use a 1031 exchange to sell property in "my name", put the funds with a QI who then purchases new property in the name of an LLC I form with someone else? I believe the answer is no because there would be differ...
I would like to do 1031 exchange with a property owned by a C Corporation. I am director of the C corporation.
Is it possible ?