
26 November 2024 | 7 replies
To be honest I wanted to dissolve that LLC mostly because I didn't want to continue paying all the annual fees associated with it

26 November 2024 | 3 replies
The best strategy depends on your goals, but here’s a breakdown:Selling outright would result in paying capital gains tax and depreciation recapture, but since the appreciation is minimal, the tax impact may be relatively low.Gifting the property to your son could potentially allow him to sell it with a lower tax rate, but since he hasn't used it as a primary residence, he won’t qualify for the exclusion of capital gains tax on a primary residence, and you'd need to account for gift tax implications.1031 exchange could defer taxes, but you would need to purchase a like-kind property of equal or greater value and meet all the IRS requirements.

27 November 2024 | 7 replies
I also have read post about creative financing and honestly dont know where to start!

26 November 2024 | 25 replies
Honest ones....agents and investors have no problems with.I don’t necessarily agree, at least not my viewpoint.

26 November 2024 | 2 replies
If you are closing on a property that you will reside in, can you close it in a Trust, or do you have to close it in your own name, and then later transfer it into a Trust?

2 December 2024 | 34 replies
Just be honest with people and they have the ability to accept or deny the terms.

26 November 2024 | 2 replies
You want one that gives you honest feedback.Good luck out there.

26 November 2024 | 13 replies
My question is, can I do a study on a home that is currently my primary residence and not yet a rental but will become a rental and I use the paper loss in the future when I need it but have captured the 100% bonus depreciation by doing the cost segregation study in 2022?

26 November 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.

26 November 2024 | 6 replies
You can acquire a primary residence as low as 3.5% FHA or 3%-5% for conventional.