Jill McCann
Legally Minimize Capital Gains
My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...
Trevor Carver
How to Legally Avoid Capital Gains in Utah?
We live in Salt Lake City, Utah and we bought a house a little over a year ago as our primary residence. We will be selling it for a profit that will put our annual income well over $80K for the year but want to make ...
Steve S.
Don't pay Capital Gains to the IRS, invest it instead, LEGALLY!!!
No one and I mean no one should ever pay capital gains to the IRS ever again. Why, Opportunity Zone Funds. There is no reason why anyone, especially someone on Bigger Pockets, should ever pay capital gains on stocks, ...
Rachael K.
Legal to move into my 1031 exchange- Safe Harbor clarification- capital gains
Hi, I was hoping to get some clarification on the Safe Harbor law. We are considering moving into our 1031 property and making it our primary residence. We have rented it out the past 3 years. What happens with the ...
Lois Walker
Big loss on lot - what's deductible?
I'm selling my lot at a huge loss but can I also take my years of property taxes and HOA dues, mello Roos fees, architectural plans etc. etc. etc. ? I have a large gain on a condo against which the losses would be useful
Arthur C.
Real Estate Taxes - Capital Gains Event in Exchange of Our Units
Can someone with lots of familiarity in real estate taxes confirm whether or not it would trigger capital gains when my co-business partner and I exchanged our 50% interest in each of our respective unit of the new tw...
Lauren Brychell
Unraveling the Nuances: Delaware Statutory Trusts vs. Deferred Sales Trusts
Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...
Gary F.
Monetized Installment Plans?
Looking at alternatives to offset or defer capital gains. Yes I know about a 1031 exchange so that remains a viable option. But I’d like to have more freedom with the monies such as buying on auctions or other investm...
Joseph Skoler
Transfer real property from s-corp
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
Matt Pich-Maxon
Owner Financing Seller Side and Tax events
Hello,
Question for CPAs and Attorneys. I have a lead who is interested in selling an investment property that has been owned since 2001. Property was purchased for around $500,000 and they are looking to sell at aro...