Ryan Taylor
Own 16 unit complex clear-Need loan to help sister pay tax lien
Hi everyone, I have a 16 unit building owned free and clear, gross 150k per year appraised at 1.1 million in 2009. I need about 150k to help my sister out of a financial crisis, in addition to that I have been advise...
Ryan Taylor
Own 16 unit complex clear-Need loan to help sister pay tax lien
Hi everyone, I have a 16 unit building owned free and clear, gross 150k per year appraised at 1.1 million in 2009. I need about 150k to help my sister out of a financial crisis, in addition to that I have been advise...
Xavier Paredes
Do I need to pay capital gains tax on sale of primary residence?
I've searched about this but am getting conflicting info or maybe just misunderstanding what I read.
Two months ago I sold my primary residence in Houston, Texas. Profit was about $100k.
I file taxes as single.
QU...
Daniel Rutledge
Using Tax Rebates from a Solar Loan to invest or pay off debt
So this is going to seem non traditional but I thought I would share as I am always looking for creative ways to help my bottom line. I am installing solar on my primary home but this post isn't about why or why you s...
Jose Jacob
Seller who doesn't want to pay a lump sum as capital gain tax
I am a single family RE Investor. I come across a person who has a commercial strip of 7 stores free and clear worth around 2 Mil. Seller i hesitating to pay Capital gain tax as a lump sum payment. He is willing to...
Stacey Vilardi
How to I avoid paying so much on taxes on my first flip
I have finally gotten my first property under contract and should close the end of the month or by mid Oct. It will take me less then a month, I hope and pray to rehab. The question I have is how to avoid paying the...
David Grant
Do you have to pay transfer tax if quit claim deed to LLC?
Hello BP community,If we quit claim a personal property into an LLC, are there any transfer taxes? We are based out of Georgia. From what I read online, if there is no cash exchanged, then there is only a $10 registra...
Rich Weese
If you DON'T get all warm and fuzzy when you pay income taxes---
I've tried to post this as a reply etc and it doesn't show up, so I'm trying it from new perspective!! I think it is worthwhile.
I promised my wife I'd work with her and be available to help with the income taxes ...
Cameron Riley
My mother bought a home to resell. Does she pay taxes on sale?
My mother owns a property and wants me to help her sell it and get paid for itWill she have to pay capital gains if she takes that money and re-invests it?She plans on making 50k and purring that 50k into a NEW barn..
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 l...