Jason Thomas
Worst tax consequence of Rental Sale
9 May 2016 | 32 replies
@Jason Thomas listen to @Bill Exeter, @Dave Toelkes, and @Dave Foster as they have been providing you with good advice.
Cameron Rouse
Investing in Portland Metro Area Rentals
4 July 2018 | 28 replies
Around foster and 82nd, montavilla, some parts of Gresham, NE as a whole.
Cesar Ramirez
How to avoid capital gains taxes on 150k
15 October 2016 | 42 replies
Dave Foster I have owned the property for 6 years I lived in it for one year and rented it out for 5.
Phil DeSimone
Tax question on capital gains tax exclusion on primary residence
22 March 2017 | 19 replies
@Dave Foster haha touché.
Martin Andersson
Depreciation calculation after 1031-exchange
30 March 2019 | 21 replies
@Dave Foster so my updated calculation with $101,029 realized gain and $334,679 new basis for replacement property looks to be reasonable for this transaction?
Loren Whitney
Determining if I qualify for the 2 of 5 year rule
4 May 2017 | 6 replies
@Dave Foster thanks for the info.
Trevor S Foster
Power of Attorney Contract
17 June 2017 | 4 replies
@Trevor S Foster There are likely forms online that may or may not work but an actual real estate attorney can draft one for very little money.
Keith Andrews
Capital gains tax on proceeds from parents home
31 May 2019 | 8 replies
This will increase her basis, possibly very dramatically, and reduce her capital gain.If I have not convinced you that you need professional help, then probably nothing will.As to a 1031 - see @Dave Foster's answer.
Hunter Preston
Tax Implications for BRRRR?
27 October 2017 | 23 replies
@Dave Foster that would depend on where their other income was at, if they have a big W-2 or another business the SE tax may be minimal :)Taxes are important but they are not everything.
Jonathan Rigg
Vetting a contractor
25 May 2021 | 16 replies
If you can think from that standpoint as much as possible, you should be able to foster a collaborative relationship.