Chris K.
Tax 1031 off stock capital gains?
Let’s say I have 100K in long term capital gains from stock market that I have realized. Can I take this 100K of realized capital gains and use them for deposit in an investment property and avoid paying long term cap...
Antonio King
Wholesaling
Hello Folks! I'm new to the game what are some of the first steps I should take in Wholesaling?
Lisa Tarin
Out-of-State Purchase Qustion
Hello all,
I'm new to this forum & investing. Any suggestions for out-of-state investing? How does the property tax work if I live in CA and want to purchase out of state? Do we still get to write this off? I...
Pavel Gos
Basic tips for real estate investors to save money on taxes
I'm a new real estate investor, and I found some basic tax tips, which I want to follow:
1. Depreciation - a non-cash deduction that allows me to deduct a portion of the cost of properties over their lifetime.
2. I ...
Pete Nater
Questions for Note Investors
Thanks for your insight. I appreciate it, really. Here are my questions;How is the income from mortgage payments to the note holder taxed? Is it unearned income at a lower rate? Are there any tax tips you might recomm...
Suneel P.
Tax on Sale of the house
I read that we have to prove that the house is owner occupied for 2 of the 5 years before the sale to avoid capital gains tax. How do we prove that? What evidence we have to provide to IRS? And if we are not eligible ...
Drake Hamilton
Solar Tax Credit Question - Can I include solar in tax for 2021?
Hello, I am deciding to go solar primarily for the federal tax credit and have a question:
If I sign all the paperwork to get solar installed NOW before the year ends, but it isn't actually installed and running unti...
Paul Wiseman
Tax Tips for Living in Half a Duplex
Buying my first rental property, a duplex. Gonna live in one of the units. Need some tax tips probably obvious to you but not to me. Also, would I need a separate bank account for the rental income collected? Thanks
Pat McCandless
Capital Gains, Tax Tips
Hello BP,I'm looking for some references in Connecticut, ideally in Central CT/Hartford County area, that can advise me on the tax implications for flipping properties, what to expect and maybe some strategies to prep...
Jotham Busfield
Accountant in Framingham, MA area
Hi All,Looking for an accountant in the Framingham, MA or surrounding area who can help with general advice, proactive tax tips, filing tax returns for LLC, etc.Anyone have any recommendations? Thanks!- Jotham Busfield