Jaret Lara
Deferred taxes on a Creative Finance deal
Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
Ronald Julien
Giving Wholesaling A Try
Good Day,Looking to start wholesaling in the new england area. Looking for any blogs or video tips/resources located on this site that will prove useful to a newbie with zero exp. I was told, setting up a llc is a m...
Ed Tamayo
Quitclaim signed by former owner AFTER tax deed?
Hello,I am in Georgia where in a tax sale you get a tax deed. You then need to follow processes to first, foreclosure on the right of redemption, and second, do a judicial process to get a quitclaim deed. (which is i...
Anthony Mei
Curious on costs to build new multi-unit as a developer/investor vs. normal consumer?
Using this new build as an example: https://www.redfin.com/IL/Chic... . It's two units and they're asking $1.4m. The top unit is a 1800sq ft. 3/2 simplex. Bottom unit is a 3500sq ft. 4/3 duplex down. Sold as vacant la...
Jonathan C.
Flipping as Active Income - Tax issue/Question
Hi All,I have read a lot of posts & books and even attended "Guru" seminars that all seems to make the same statement that a Flipper pays his/her profit as active income - in tax bracket of 30%(?) vs. 15% capital ...
Michael Campbell
Rent Credits
What is the best way to structure rent credits on lease option deals? I understand that there may be dodd-frank issues there, but how does one create incentive for the Tenant/Buyer to where they are somehow chippin...
Tommy Schluter
Financing Through Whole Life Insurance
Does anyone here finance their real estate investments through a loan against their Whole Life Insurance policy via a Trust? If so, how long does it take to have enough Cash Value to 1.) Begin financing and 2.) Reall...
Account Closed
Owner Carry/Owner Financing
Hey Bigger Pockets Community,Hope everyone is having a great day. Looking for advice or resources. I've read a few articles on Bigger pockets about Owner carry, and have become quite intrigued on the topic. Most artic...
Shawn Long
Can capital gains tax be avoided through an LLC & depreciation?
Can you avoid or defer most of the taxes if you have an investment property inside of an LLC by using depreciation or maybe even in conjunction with a self directed or rollover IRA? If so what are the proper steps and...
Alexandra Preziosi
Beginner in Wholesaling
Hello BP community!So this might be a newbie-type question but I have been reading a lot about wholesaling and the process. I seem to have gained a fair understanding about how it works overall but I think the one par...