Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
20 January 2025 | 3 replies
A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.
James Boreno
Do I have to pay Capital Gains?
27 January 2025 | 6 replies
Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.
Jacob Moore
New Investor Here Based In LA!
21 January 2025 | 2 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
Craig M
wrap mortgage - how would you structure this?
19 January 2025 | 10 replies
Absent the DTI "immediate credit" he may not qualify for a new loan for the size of home he seeks inside of the 9-12 months after he sells.
Jason Thomas
I am new and want to learn and get a deal for 2025 with good guidance
29 January 2025 | 6 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
Chris B.
ESA exemption option for small landlords
7 January 2025 | 4 replies
.: In a prior post from about 2 months ago, Kerry Malarkey and Nathan Gesner mentioned a small landlord is exempt from FHA requirements requiring the acceptance of emotional support & assistance animals if one of the following is true:"Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at once" (Quote from Nathan's reply))https://www.biggerpockets.com/forums/52/topics/1219359-pitbu...Given this, if a landlord does qualify for the exemption, what exactly does this mean?
Brandon Stelling
Military Vet investors 100% disability benifits
29 January 2025 | 8 replies
Your tax-free VA disability income helps you qualify for loans and lowers your taxable income.
Lauren Ruppert
How do you get a spouse's name off of the property if divorcing?
25 January 2025 | 5 replies
If there is a large amount of equity, one party may have to buy out the other - if they cant afford it/cant qualify, then the property is sold.I deal with this frequently with mortgages.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
My cost to Airbnb is better than VRBO and the same as direct (I pay a 3% merchant fee).
Josh Otero
What’s the hardest part of being a property owner?
18 January 2025 | 18 replies
These days the hardest part for me is finding & keeping qualified contractors for the work that always needs to be done.