Jain P.
Buying investment property in cash, and then do refinance
Do we lose tax benefits when buying investment property in cash, and then doing refinance?Does the 90-day rule for refinance after cash-acquistion, apply for investment properties?Otherwise, does the cash investment b...
Cameron Andrews
C-Corp for a Canadian long-term investor?
Hello everyone,I have a C-corp in the state of Ohio, at the advice of a real estate 'guru' At the moment, I am JVing on a long-term property in Pittsburgh. Is it worthwhile to hold the property in my C-corp? At the mo...
Rafal K.
1031 Exchange versus Selling
Hi everyone,
I am selling a 4 unit with potentially a large gain. I lived in it the last 2.5 years. I am trying to find and pay a CPA to run the scenario on the potential tax hit if I do not do a 1031. I'd like to ...
Patty C.
LLC or S-Corp for Short Term Flips?
Hi Everyone,My family and I just flipped our first property and are ready to keep going but we want to make sure we're doing it right. Basically there are 3 members using cash to buy properties and flip them. What w...
Noureen A S.
S-Corp Profit Distributions: How Are Owners Taxed?
Dilemma...I have an S-corp. For the majority of 2017, I paid myself outside of payroll ($5K was paid to me thru payroll and $20K were just 'owner withdrawals' - my acc'tant said they must be recorded as "profit distri...
Rachael Collins
Should I advertise a rental that is not ready for tax reasons?
Hello,I have a rental (in California) that won't be ready for a few months (we have done the rehab ourselves) and have been told by an accountant that I need to advertise it before the end of the year in order to show...
Lewis Yuan
[Calc Review] Chicago Triplex - Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey BiggerPockets,I have found a potential deal on a multi-family in Chicago that may cas...
Joe Daiker
401k To Start?
Hello, all. I'm new to the forum and looking for feedback on using my 401k to start flipping and buying rentals. I've been a licensed broker for 13 years and I've only purchased and sold one investment. Thanks for ...
Tracey Lane
Transitioning a 1031 to Primary Residence
Looking for some input from the BP community.We're thinking of selling a triplex in Venice, CA soon. The property is owned 50/50 between my husband and me and my parents. For various reasons we have decided to sell an...
Brian S.
20% pass through deduction for 2018
I own an insurance agency and over the last 13 months I have bought, rehabbed, and rented 5 SFR’s... I actively manage the properties and I run them like a business. I meet/screen prospective tenants, I cut grass, pai...