Hey Guys, quick question regarding the taxes I will pay on wholesale fees.      I plan to have a separate SMLLC for my wholesale business. This LLC will be taxed as a sole proprietorship starting out. What are all the...

Hello BP Community newbie here, I have a general question. When flipping a house with lets say a total of 3 people, each takes their profit & are taxed individually correct? Would they each report their gain separ...

I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA).  Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...

Lately, because of the large amount of confusing and low quality information I have read online and my inability to access my book collections, I am confused about taxes.

I have the following questions:

1. Are there...

Hey guys, I have a question.

Hypothetical scenario:

SFR
$1000 NOI

$500 Service on a selling financing.

Cashflow = $500

Are you taxed on the $1000 NOI or on the $500 cashflow?

Hello! Fellow BPsOver the last 4 years besides real estate investments , I have done a few investments in syndicates. As per the schedule quarterly I do receive the distributions and at the year end I do get the K1 wh...

What is the tax rate on an assignment fee received from Title?

Hello all BigPockets!This may sound straightforward to most but I would like to know being a Canadian Citizen, if i wholesale (assign) deals in US using my US Based LLC, are their going to be any tax liabilities arisi...

I hoped some experinced members could point me to the right resources on the following situation.Assume you syndicate a deal and as part compensation for putting the deal deal together, for finding the right property ...

Hello Guys,If I invest $ 1 Million dollar in a real estate development project and the net profit for this project is 100% or 1 million dollar , how much tax should I expect to pay for this profit? what would be the l...