Flipping Houses
 Home | Free Flipping Houses Articles | Links | | Contact

 
Flipping Houses articles
Flipping Houses Has Become A Fascinating—And Sometimes Very Fulfilling—Way To Make Money. By Taking An Ordinary House And Making It Extraordinary, You Can Make A Ton Of Cash From Improving It! All It Takes Is A Bit Of Hard Work, Style, And The Initial Investment—And Voila!—Success. Welcome To FlippingBasics.com, Your Free Guide To Everything You Need To Know About Flipping Houses. Here, You'll Find Free Resources, Articles, And Information On Our Helpful, Easy-To-Use Site.

As You Explore This Site, You'll Discover...
Revealed: 9 Important Tips To Successful House Flipping   Home Flipping 101: Make Maximum Money With These Methods   Flipping Houses: Common Blunders That Flippers Make   Hot: 3 Tips To Help You Find The Perfect Home To Flip  
Flipping Houses Picture
Flipping Houses Picture
Flipping Houses Picture
Flipping Houses Picture

Remember... If You Are Looking For Quality Information Related To Flipping Houses, Add This Site To Your Favorites Right Now, As We Update It Daily With The Latest News And Information Related To Flipping Houses And Similar Topics. Enjoy The Site.

Everything You Must Know About Loans For Flipping Houses, Buy Ugly House, Real Estate Investors, Home Investing, And Make Money Flipping Real Estate.

Flipping Houses products

Press  For A Message
Latest Related Articles About Flipping Houses
Fix And Flip - The Formula
Making money with a "fix and flip" property is a great way to make money in real estate. However, it isn't about repairing drywall and planting flowers. It's all about how you do the numbers. People often buy and sell a fixer-upper without a definite plan. They buy a house, fix it up, then add $10,000 or $20,000 onto their costs. They then put the house up for sale at this price. Have you ever bought a house according to what the seller has into it? Of course not. You look at similar houses to determine the value. If you have $110,000 into a fix-and-flip project, and similar homes are selling for $105,000, how much will you get? It has nothing to do with what you've spent, does it? ...
Continue Reading

Flipping - Real Estate Investors
The term flipping in real estate brings up the thoughts of bad and unsavory characters out to steal houses from little old ladies and unsophisticated home owners. The truth is that the thieves and crooks should be in jail. Those of us who make it a part of our business buying and selling property should not be aligned with that same bunch. Flipping is not a crime! Buying and selling real estate for profit is normal business here in the U.S.A. Homeowners everyday sell property they purchased with the full and complete understanding that when they sell the property it will be worth more at the sale than it was when they purchased it because of appreciation. Investors flip houses,...
Continue Reading

The House Flipping Trend
Picture this: You purchase a run-down old house at a local auction. The house is falling apart, maybe even in the kind of ways that require Condemned signs, and you walk away thrilled to have spent $65,000 of your hard-earned money to own it. What world is this? This is the world of house-flipping. If you haven't heard of house-flipping, chances are you don't work in real estate. Then again, neither do many house-flippers, at least not at first. House-flipping is the new term devised for people who buy properties in bad shape, ideally with little structural damage but plenty of cosmetic wounds. These people rebuild the houses within a strict profit margin, and use a...
Continue Reading

Looking For More Articles Related To Flipping Houses?




Flipping Houses
Poll

 
 
 | E-Mail   |   Flipping Houses rss feed
 
Translate/Traduisez/Übersetzen Sie/Traduzca/Traduca/Traduza:
 
 
Tax Tips For Real Estate Investors Using Ira Funds

Author:
Stephen Nelson

You’ve seen the advertisements and news articles. IRA funds can be used to make real estate investments. But before you jump on this bandwagon, make sure you understand some of the tax planning angles related to this opportunity.

Passive Loss Deductions

Almost always, an important component of your real estate profits comes from the tax savings associated with depreciation. These paper losses, referred to as passive losses by the Internal Revenue Code, can save both small and professional real estate investors thousands of dollars a year in income taxes. Unfortunately, passive losses from depreciation and related, similar tax deductions won’t benefit real estate investors investing through IRAs.

Capital Gains Preferences

If you sell an investment for a profit—whether a stock or real estate—you get a tax break because your profit gets taxed at a preferential capital gains tax rate. In the best case scenario under current tax law, for example, your capital gains get taxed at 15% rather than at 35%.

Unfortunately, by putting real estate inside of an IRA, you lose this benefit. In effect, the appreciation you enjoy from your real estate investment gets taxed at your marginal income tax rate rather than at the capital gains rate. (Fortunately, the tax gets paid when you withdraw the money.)

Note: This “problem” also exists for other investments that produce capital gains, such as stocks and mutual funds that invest in stocks.

Unrelated Business Income Tax

In certain special circumstances, an IRA needs to pay income taxes on the profits it generates. These taxes, called unrelated business income taxes, essentially put the IRA investor in the same position as a regular taxable investor.

For example, if you’re developing and then flipping properties inside your IRA, you may actually be an active trade or business. And in this case, your real estate investment—even though it’s inside an IRA—may be subject to income taxes. (Your IRA custodian is supposed to report your taxable income and tax liability, and then pay the taxes but many don’t…)

And here’s another example of a situation where the unrelated business income tax can trip you up. If you borrow money to invest in real estate—the typical situation in any leveraged real estate investment—the profit you earn on the money you’ve borrowed is treated as unrelated business income. Accordingly, that profit is subject to unrelated business income tax.

Unrelated business income inside an IRA is taxed according to trust taxation rules, which means that as soon as you’ve made much money at all, you’re taxed at the highest marginal tax rates. Ouch.

Closing Caveats

Real estate is a great investment. And real estate belongs in any investor’s portfolio. But you need to think carefully about buying into the idea of using your IRA to make real estate investments. If you do decide to invest in real estate through your IRA, first consult with your tax advisor.

About the Author :

Delaware LLC formation author & CPA Stephen L. Nelson has written more than 150 books. Formerly an adjunct tax professor at Golden Gate University—the nation’s largest graduate tax school—Nelson is also the author of QuickBooks for Dummies. Copyright © by 2006 by Stephen L. Nelson, CPA. Contact him at http://www.llcsexplained.com/doityourself_Delaware.htm.


This article is distributed by: www.iSnare.com

 | E-Mail   |   Flipping Houses rss feed
 
Translate/Traduisez/Übersetzen Sie/Traduzca/Traduca/Traduza:
 
 

Article Keywords:
Flipping Houses


Google



A Quick Note From The Publisher...

If you like the article above, you may be interested in the following article which is also related to Flipping Houses...

Investing In Real Estate - Can You Really Buy a Home With No Money Down?
If you've got an entrepreneurial spirit, have some time and extra cash, why not think about investing in real estate as you've got the potential to earn hundreds of thousands, if not millions of dollars a year simply by turning "flipping" homes over. This is particularly true these days, which is still very much a reality in this country even amidst all the talk about the real estate bubble. Investing in real estate has become a booming business for people of all backgrounds and start-up capital. Why? Because being a real estate investor is not only easy, but it's rewarding to see your hard work pay off so quickly when you make a sale with little or no money down. Just on September 30th, there was a special segment on ABC News, 20/20 about the latest real estate boom in America. Real estate boom really has people flipping for Miami and all around the country, particularly in cities like Chicago, Boston, New York and LA. Click here to read more on ABCNews.com Some Important Tips In Getting The Most Out Of Your Real Estate Investment Opportunity <ul> <li> If you're low on capital money to invest in real estate, form a partnership with friends, family or colleagues. File a business name with the State Corporation Commission and register with your local city to become a legitimate tax-paying entity. Once the group of you is able to pull funds together, put them into a bank account under your business name. You can then approach the bank for a bank loan for your business, increasing your chances of getting funding. Creating a legitimate business not only can act as a liability shelter for you, should your venture prove to be non-profitable, but it helps to create a friendly working relationship with your new...
Continue Reading

 

Flipping Houses,

Real Estate Investors
News

Flipping Houses

house flipping - Yahoo News Search Results
08/15/2014 02:41 PM
Flipping Out: Richmond Edwardian Does Triple Somersault, Hits $2.7M Mark
On a nondescript block in the Richmond, an equally nondescript Edwardian sold for $908K at the very end of 2012. The big mustard yellow house was subsequently overhauled and has now reemerged as its new self. The renovation took...

08/15/2014 09:17 PM
What It Sold For: Meryl Streep Flips 1954 Research House For $4.8 Million
Did Meryl Streep and sculptor husband Don Gummer's attempt to flip end up flopping? The pair have just sold their 1954 Research House by mid-century architecture firm Honnold & Rex, but they...

08/20/2014 01:35 PM
Statement released on ASU student hurt at fraternity house
An Arkansas State University sorority member was injured Tuesday night at a Fraternity house on campus.

08/13/2014 09:18 AM
Selling Your House? Avoid These Mistakes
Don't put the sale of your home at risk by committing one of these dirty deeds.

08/18/2014 09:15 PM
Homeowner: I was duped out of $90k by a phony contractor
A homeowner, hoping to flip a house, is accusing a man of posing as a licensed general contractor and making off with $90,000.

07/29/2014 03:14 AM
San Francisco Bay Area Real Estate Market a Hot Option for House Flipping
House flipping is becoming a popular way to make money, with San Francisco being the hottest market, says ACL Real Estate and Property Management (PRWeb July 29, 2014) Read the full story at http://www.prweb.com/releases/SanFranciscoRealEstate/HotOptionforFlipping/prweb12021945.htm

07/29/2014 01:00 AM
Mark Ballas and Derek Hough Trade Dancing for Flipping Houses in ‘Mark & Derek's Excellent Flip’
From “Dancing With the Stars” to flipping houses, champions Mark Ballas and Derek Hough are launching a new joint venture with HGTV. “Mark & Derek's Excellent Flip” will feature the two professional dancers as they trade in their dancing shoes for work belts, tackling home renovations and house flipping. Ballas added that he was grateful for HGTV's involvement, as their expertise will help ...

07/27/2014 09:20 AM
Life like that
Chakravarty House in Chittaranjan Park is considered one of the finest examples of private residences designed in post-Lutyens Delhi. Today, standing among high-rises, the single storey structure is a stark contrast to what Delhi has become

08/21/2014 02:55 PM
Flipping Out: After spending the better part of...
After spending the better part of a year on the market, a drastic renovation of a Sea Cliff midcentury house finally sold last week for $3.925M. The flippers, who picked up the property in 2011 for $1.575M, got busy installing...

07/29/2014 09:05 AM
Want to Learn How to Flip a House Like the Pros? Discover Tarek and Christina’s House-Flipping Secrets in a Real ...
Hosts of HGTV Hit Reality Show Flip or Flop share their real estate strategies during a live training event in select cities across America. (PRWeb July 29, 2014) Read the full story at http://www.prweb.com/releases/2014/07/prweb12012407.htm

FlippingBasics.com - All Rights Reserved. Legal Information | Privacy Policy
Featuring Information About Loans For Flipping Houses, Buy Ugly House, Real Estate Investors, Home Investing, And Make Money Flipping Real Estate.