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5 February 2025 | 10 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?
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4 February 2025 | 24 replies
@Damien Davis you'll make less on the initial projects but the experience you'll gain will be completely worth it.
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25 January 2025 | 15 replies
US, UK, Australia and other parts of the world are more for "traditional" investing in real estate for capital gain.
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7 January 2025 | 16 replies
Seems like they usually start with a little info to get your attention and then tell you to just punch the numbers into the Pro Tool and voila, you're now ready to purchase a property and I'm just thinking, "Did I even learn anything?".
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20 January 2025 | 5 replies
No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.
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31 January 2025 | 7 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).
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26 January 2025 | 2 replies
I am obviously conflicted with the moral side of pursuing legal action here, but understand that people can do untruthful things when it comes to financial gains.
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29 January 2025 | 2 replies
After two years your only profit will be the education you gained.
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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.
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2 February 2025 | 4 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.