Chris Rightmyer
Seller Financing and Tax Issues
Hello. I have an individual that is opened to selling me their current duplex portfolio, consisting of around 7-10 duplexes. I was attempting to work with him on some sort of seller financing option as he would be o...
Christian Reyes
What is considered tax deductible?
I am looking at a property to buy and hold where the taxes are quite high. Over $9000 a year in NY. As such, everytime I run my numbers, I get negatives in cash flow due to the inability to get around the tax expense....
David C.
Tax question new construction
If I decide later to start a construction business (actively building and selling new spec houses), assuming this is taxed as ordinary income with social security, etc and treating the homes as inventory - if you buil...
Franklyn Douglas III
Tax Lien Information
Hello everyone, I am located in Colorado Springs and interested in investing in tax liens. Online it says that the redemption period is 3 years. I am wondering if anyone has had any success with tax lien investing in ...
Jason Malabute
investing 401k money
A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.
Kyle M.
Rental income effective tax rate
Hi all- I am new to BiggerPockets here and investing in real estate. I am looking to get started using an FHA to purchase a 2-4 unit multi family property. As I am running my numbers a few things I would like some ins...
Jim Ballatin
How do I use my Roth account to invest in real estate?
Do I need an attorney to make the withdrawal from a Roth account through Fidelity?
Mark Beekman
Deferred Payment on House Sale -- Capital Gains Tax This Year?
I'm looking to sell a house that I've recently rehabbed to an LLC for roughly $250k by years end. Then, next year, I plan to have the LLC list and sell the house to the general public.
I want to sell the house to the...
Jacob Masters
TSP/403b/457b vs. Rentals
Confused about what is the best decision for me and my family. My wife and I have access to three pre-tax retirement accounts, each of which have good low cost index fund options. I expect that we could max out all th...
Joe Farruggio
Flip & Taxes - Capital Gains?
So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...