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.
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.
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.
Nish Chakilam
New and Aspiring Investor
29 January 2025 | 2 replies
It'll take time but can really pay off if you stick with it.I'm in Los Angeles and I've investing in TN and GA in the past, and currently investing in SE Wisconsin (your area).Let's connect and discuss the market.
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.
Curtis Cutler
cashing in 401k? rethinking retirement.
27 January 2025 | 9 replies
You wont pay capital gains when you sell the house as long as it is in the SDIRA but you will have to pay normal income tax when you withdraw cash from the SDIRA after retirement but would you rather pay income tax on $90K or $300K?
Emily Gowen
When to sell vs hold rental properties that have appreciated?
25 January 2025 | 13 replies
@Emily Gowen so as you pointed out you would not have to do a 1031 exchange on your current home to avoid the capital gains tax and coupled with what Dave Foster pointed out I think, speaking from experience you would have a high likelihood of success.
Jeanette Land
Laundromat Investing in WI
22 January 2025 | 1 reply
Laundromats and carwashes have gained popularity exponentially almost in the 6 years.
Aaron Ram
Seller Financed Deal - What am I missing?
30 January 2025 | 6 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).
Jason Brown
Hello new investor HERE!!!
30 January 2025 | 19 replies
Quote from @Shaun Ortiz: Hi Jason,Thanks for sharing your journey—it sounds like you’ve gained some invaluable insights from your experiences, even with the squirrel tenants (that’s definitely a story!).