Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
Although the study may increase the gain, the gain may be taxed at a much lower rate making it a beneficial investment.If a property is purchased with the intention to flip or own for a short period of time (less than 3 years), a cost segregation study may not be significant.Overall, as long as you intend to hold the investment property for greater than a year, the benefits of a cost segregation study should be considered.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
20 January 2025 | 14 replies
Some properties actually lose money each month but gain value through appreciation.
Matthew Orr
Should I sure for specific performance?
26 January 2025 | 2 replies
I am obviously conflicted with the moral side of pursuing legal action here, but understand that people can do untruthful things when it comes to financial gains.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
I haven't lived in it long enough to be exempt from capital gains, good point on that.
Aaron Ram
Seller Financed Deal - What am I missing?
30 January 2025 | 4 replies
With everything paid off, they’re looking to slow down but are hesitant to sell due to capital gains considerations.Purchase Price: $1,750,000.00Downpayment: $400,000.00 - Will do a 1031 - Selling two of my SF properties for the downpayment (bought for 120k + 146k back in 2017 & 2015).
Ajay Bodas
1031 Exchange Property from Revocable Trust to an LLC
29 January 2025 | 4 replies
I would imagine the LLC will have its own EIN, but we will still report the gain/loss as pass-through income on our joint tax return.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
I used to cold call, skip trace, send mailers, and don't get me wrong you will get success from it like James above, however as you gain experience you will realize you need deals faster, easier, cheaper, and with more "meat on the bones" and in order to have that you need constant deals flowing through your eco system and that's hard to do with mailers, cold calls, VA's and skip tracing etc.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
If you do place the property in her name, then inherit it later, it does allow for you to receive a step up in basis at that point, allowing you to sell the house shortly after her death without paying capital gains tax.5.
Jeanette Land
Laundromat Investing in WI
22 January 2025 | 1 reply
Laundromats and carwashes have gained popularity exponentially almost in the 6 years.
Alanna Inoa
New Investor Looking to Connect in CT
30 January 2025 | 8 replies
- I think you will gain a lot from this podcast.