Connie Ly
My First Flip
Hello everyone. I am doing my first flip and confused with the taxes. My general contractor said he will be my sub contractor and be able to get all work done with his professionals. I have questions:1) a sub contract...
Jessica Spillane
Capital Gains and differing investor needs
Hello everyone. Thank you in advance for advice. I have two investors funding a deal with me. One wants quick turnaround and return and the other wants to hold for a year to avoid capital gains. Am I able to flip the ...
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
1 or 2 members for LLC for spouses when loan/title are under both spouse names:—————————————————————- Hello,I am starting an LLC and have some general questions. I am using the LLC mainly to shield liability from the ...
Ashley A Merk
Best Business Entity for My Flipping Business?
Hello everyone! I am getting myself more and more confused with each thing I read regarding which business entity is best for me. So here’s my situation..I am about to graduate college and will be working in my field ...
Ethan Lozano
Albuquerque taxes, licenses, and permits for long term rentals
I'm a new real estate investor in Albuquerque, and I’m a new member of the BiggerPockets community. So, Hello!
I self manage a couple long-term rental properties that I own, and I want to make sure that I am not acci...
Ken Martin
How To Do a 1031 Exchange For An Existing Syndication
Hi BP community, I am about to kick off a syndication/raise for a great multifamily property in the midwest, and a few potential investors have expressed concern around investing given they would want to be able to IN...
Hunter Ambos
Fix/flip profits to buy rental units
I’m going to flip houses to supplement my income from being an agent and looking to use 100% of my flip profits to buy rental property. Are there any tax strategies available to avoid paying taxes on my profits since ...
Joe Shepherd
Capital gains tax question
Hello,I bought my house in April of 21 for 185k. It is now worth 250k in just a few short months. The house down the street from mine is the exact layout and just as nice as mine sold for 250k yesterday. Is there a wa...
Ken Byers
Writing off tax penalty from retirement withdrawal
Good morning everyone, this is my first Bigger Pockets post and I'll make it short and sweet. I was a Federal Employee for 7 years. I was in the Thirft Savings Plan (TSP) which is equivalent to a 401K. I have approxim...
Peter Paxos
Tax Lein List Service
Hi BP Family:I wanted to ask what the groups experience had been with utilizing services that provide list of homeowners who are delinquent on taxes or have current violations on their property? Have you successfully...