Barbara C.
Help start up
Hi, I'm new to BiggerPockets and have a few startup questions: Do I have to wait until I have an LLC set up before I can actual do any transactions? If so, how do I handle this when I file my 2009 taxes? Also, I suppo...
Jesse Stemle
How can I avoid paying capital gains tax on my live-in flip?
Hey Everyone!
I bought an old beat up house just outside of Louisville, KY in August 2019 for $120,000 with the intentions of fixing it up while living there as I am just out of college and was looking for a place to...
Adam L.
LLC taxes on a Limited partner equity investment?
So not sure if this is in the right subforum.So I and 3 friends created an LLC to invest in a larger RE operation. The big company buys 500+unit apartment complexes and BRRR's them, offering 'shares' as Limited Partne...
Julie Fullmer
Question for CPA; Capital Gains, lump sum or payments?
My Mom and her husband are selling a property they lived in for the last decade or so. This money is their retirement. Sales price of about $259K The buyers want to pay 100K down then make payments for 5 years with a...
Jackson Long
Future of Tacoma market
What do you think the next few years are going to bring to the Tacoma Market? Do you think we're at the absolute Peak? And if so do you think we're going to drop or do you think we're going to continue to climb and ...
Elio Guillen
Newbie needs your advice. Should I hire a CPA or use Turbotax?
I purchased a turnkey investment property mid December 2016 and now it's time to file my taxes. In hindsight, I should have probably waited to make the purchase early January to avoid this issue, but I guess you live ...
Tariq Gonzales
Wholesaling a house with Tax Deed
Hello,I am new to real estate investing so I am getting my feet wet by wholesaling. I started marketing to distressed sellers and someone came to me who was set to go to Tax Deed. Can I wholesale a house that is set t...
Eli Gilbert
Structure for partnership with foreign investor .
Hi all you Tax pro’s can you please advise me with how to go about structuring this partnership!I would do the work on the ground and they would provide the cash, we would split 50/50 on profits, this is for a flip wh...
Colton Mckell
Buying tax sale property
2 years ago I did a hard money loan with max monthly interest. I recently have been paid part of the principal, but was still in a situation on the interest owed to me. Recently the property that had I had up for c...
Anna Milligan
Taxes for buy and hold
Should we expect any tax advantage or disadvantage for 2016 if we purchased a buy-and-hold rental property that was never rented (never produced an income) until 2017? It was purchased by us as individuals, not throu...