Hi all,
I am looking for some advice related to my first property which is a condo located in South Boston, MA that I purchased a little over two years ago. My girlfriend and I currently live in the condo. ...
Hello everyone,I am seriously considering becoming a landlord, and recently I started looking at the "starter" properties nearby. Found a three-unit property with the asking price of $150k, property tax of about $7700...
I cannot find the answer to my question. Hoping someone here will help me figure out tax consequences of this scenario: Purchase price 150KImprovements 118KDepreciation 77KSale Price 450K So my gain is 450 - (268...
I am an out of state buy and hold investor. I am currently working with a turnkey company looking at a property in Arlington TX. As part of the cash flow calculation by the turnkey company, the property tax calculatio...
So I currently have flip that is almost done but past profit point, I wanted to refinance to my name, to sell or rent. My question is , would I get taxed just for difference of loan and sale price, or would the money...
I'm an active investor rehabbing and flipping 10 or more homes a year. So this is my primary " bread and butter." Can I flip one or two homes through a Solo401k when partnering with a qualified person ?
What are your strategies for income shifting? Long story short, I have a client who needs to support parents, and they can do some small "administrative tasks" in his business. What is the most tax-efficient strategy?...
My retired parents (in their 80's) are selling an investment property. They purchased it for 770k and it is now selling for 1.2 It was too much maintenance and work. They were considering doing a 1031 exchange but don...
We own a property that is valued at about $345,000, and we're in a position that we could comfortably owner finance, or just continue leasing. I'm just not sure what has better tax benefits for us? It's basically a ...
My wife and I are currently looking for a private lender or a owner financed home in Dekalb County in Georgia.
Here's the problem we can qualify for FHA, but our tax person screwed up our 2010 income tax. Needless to...