Ann Thompson
Proceed with caution!
25 June 2024 | 10 replies
They couldn't deliver one out of the two properties for my 1031 exchange.
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
26 June 2024 | 34 replies
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.
Dolev Shemesh
HELOC & Strategy
26 June 2024 | 9 replies
If not, could you find a private lender to bridge this in exchange for both 1st position on the condo and 2nd position on the new commercial property?
Laura Yazdi
Expensing Moving Costs
25 June 2024 | 3 replies
I currently have a California LLC that holds the property I will do a 1031 exchange on next year and purchase properties in South Carolina.
Bette Hochberger
Understanding the Basics of Real Estate Taxes
25 June 2024 | 1 reply
Depreciation: For investment properties, you can depreciate the property over a set period, reducing your taxable income.5. 1031 Exchanges: This allows you to defer capital gains tax by reinvesting the proceeds from a sale into a similar property.Feel free to ask any questions or share your own experiences!
Collin Schwartz
Property Management in Omaha Nebraska - Suggestions Please
25 June 2024 | 9 replies
Happy to exchange companies to avoid if it would help.And to answer @Michael Smythe's question, I interviewed the crap out of management companies with what I felt were great, in-depth questions, both times we hired bad managers.
Jacorion Williams
What’s your House Hack Story?
25 June 2024 | 31 replies
I have done 5 deals on my own as well and am currently selling my first (and only) residential property to do a 1031 exchange for a larger building in Berwyn where it all started for me.
Bob Asad
Would You Still Buy SFH If It Lost You Money MoM?
27 June 2024 | 26 replies
I could also begin to exchange some assets out of CA to NV if the opportunity should arise.Just my 0.02
Jay Martin
Need Advice on Securing Rehab Loan for Seller-Financed Flip
25 June 2024 | 1 reply
Given your expertise as a contractor, you might find an investor willing to fund the rehab in exchange for a profit share or interest on the loan.Cash-Out Refinance:If you own other investment properties, consider a cash-out refinance to pull equity from those properties to fund the rehab.I work for Aslan Home Lending and we have a HUGE variety of loan products, including the ones mentioned above.
Stacy Tring
Investing in someone's primary residence
25 June 2024 | 8 replies
Does cousin B have the cash laying around to pay all the taxes on his sale after using all his sale’s cash for this deal (to avoid taxes he must use all cash.) if the IRS denies his exchange and demands the taxes be paid?