For every investment property held less than an year, is it required to pay a capital gains tax after the sell? If so how does that work?
Hello all. I tried to get a 30yr "cash out" loan on a rental house I owned for outright in my LLC (for over a yr).... Toward the end of the loan process i was notified the loan was dead since I had not owned the hous...
I am a little bit confused about step up basis.It is my understanding that when you die, your property transfers to your heirs with a step up value to the current market value, so if they sell the property for that sa...
Needed for equity stakes in several projects, 5k min. with a holding period of 18 months min. Returns on past projects have shown 15-25% annual but does not guarentee future returns. Funds secured partially by title...
We have multifamily property held in our family living trust. Our attorney advised us to be sure the Named Insured on our insurance policy includes our individual names and our family living trust as additional insure...
I am purchasing a SFR with a self-directed IRA along side a non-recourse loan. Much question is this. This home has flipping potential but I will not have enough reserves in the IRA to do all the improvements. Is ther...
Hello, fellow BP members.I'm for recommendations on lenders that will allow cash-out refi for LLCs in Texas. I have property held in a LLC and I like to do a cash out refi without transferring it out of the LLC in or...
Can I except a cash rent payment for a property held in a SDIRA LLC? I know a check made out in the LLC name is ideal ,just wasn't sure about receiving cash .Thanks
Hello all,May I have some recommendations on an accountant in Phoenix that has experience doing the taxes for a small multifamily property held in LLC? We'll be using a professional management company, so the bookkeep...
Anyone have any general recommendations on evictions in Maricopa County?