All Forum Posts by: Keith Dalpe

Yes very clear

Maine a great state just hate the taxes. My daughter lives and is a realtor in the Waterville area I think she is up to around 15 house rentals now, we do not talk much but I am still very proud of her.

Thanks this site is fantastic as well as the members (so far anyways)

so much info to sort thru

Thanks guys, the property in ME is now vacant and in the process of cleaning out. I had my parents renting it, now they are in nursing home. This is why I thought of selling this property and moving my investments to NH. How long can the 1031 used to defer or how long do I have to buy another property? for some reason 45 days is in my head.

Thanks Matt, as I lived in Maine for the past 25 years and recently moved to NH this past summer I find everything else besides property tax is less expensive. Also if I create a business to handle my properties in Maine, Maine will come after me for income tax as well. This is the reason I move to NH I work and own a business in NH and Maine was nailing me in income taxes. Just $ 88,000 in ME income taxes over the past few years could have been invested in properties.

hello,

I am new here and interested in rental investments. totally new and reading all kinds of information on the subject I have come up with a plan. I have a property that I own free and clear and I have been debating on renting or selling it. Now I am thinking I should sell it and use the money to leverage more than one rental property. The property I own is in Maine and I would like my properties in NH as well to avoid interstate taxes as. Does this sound like I am on the right track?

thanks

keith