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20 January 2025 | 11 replies
Do you have a current need for that cash flow generated from the tax savings?
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19 January 2025 | 46 replies
Zero capital gain tax, next to zero income tax, property Tax is super small.
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19 January 2025 | 5 replies
Ask for a line of credit.
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3 February 2025 | 56 replies
I let both of those properties just go for tax's I tired of the BS..
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24 January 2025 | 6 replies
Leverage Local ResourcesEconomic Development Grants: Check with your city or county for grants or incentives aimed at affordable housing or community improvement projects.Local Banks or Credit Unions: They may be more flexible than larger financial institutions, especially if your project aligns with community needs.Partnership with Nonprofits: Collaborate with organizations interested in affordable housing or sustainable living.4.
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20 January 2025 | 6 replies
So if you have the property for a total of 10 years, moved in at year 8, little value or tax advantage.
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24 January 2025 | 6 replies
As someone mentioned, the only thing passive about real estate investing is the tax treatment.
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25 January 2025 | 14 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.
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27 January 2025 | 25 replies
To transition to multi-family properties, research landlord-friendly states like Texas, Florida, Tennessee, and Indiana with favorable eviction laws, lower taxes, and higher rental demand.
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30 January 2025 | 7 replies
Some homes even come with tax breaks or city funding to help cover the costs.