Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
The boot amount is taxed as capital gains and may also trigger depreciation recapture.For example, if you sell a property for $500,000 with a $300,000 basis, resulting in $200,000 of gain, but reinvest only $400,000, the remaining $100,000 is taxable.
Hank Bank
Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
Hi BiggerPockets community,I’m just starting out on my real estate journey and could use some advice!
Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
Highly recommend you looking into a checkbook IRA instead of cashing out.Sure you can take out the principle since you’ve already paid taxes on it but this money is supposed to be for your retirement and in a Roth your real estate can grow tax free, though check with a CPA to see if STR will trigger UBIT in an IRA.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
Do they know real estate business and real estate taxation?
Danth Aman
Real estate agent is representing buyer and seller.
21 January 2025 | 8 replies
Hi everyone. Thanks for taking an interest in my post. I've been in the market for a property in my agent's neighborhood, which is how we came to find him. During the months of searching for the perfect property, his ...
Kevin Green
Why Buffalo is the Hottest Real Estate Market of 2025 (Again!)
14 January 2025 | 4 replies
Several key factors contribute to Buffalo’s sustained real estate prominence:1.
Chase Pomerantz
Newbies looking to break into real estate investing
7 January 2025 | 8 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Your reinvestment targets for a 1031 exchange would have you purchasing $700K of replacement real estate using all $500K of equity.
Brandon Patrick
Real estate agents in Phoenix
20 January 2025 | 1 reply
Hello,
Little background I’ve been buying and selling since for 15 years. Spent a couple years as an LO. Been looking to expand resources from just wholesellers. After speaking with some agents I’m a little confused....
Mario Sanchez
What real estate books would you guys recommend
6 January 2025 | 2 replies
I’m 18 and super interested in real estate.