If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Tax-Free Exchanges: While 1031 exchanges aren't available to SDIRAs, the tax deferral within the account means you can sell property and reinvest proceeds into new opportunities without immediate tax consequences.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

I am told that they did not have closets as they used to be taxed on rooms that had closets.  

The big advantage is having the capital gains spread out over many years to avoid a huge tax bill.

@Brad Kanouse Using Traditional IRA funds for an investment property typically incurs income tax and a 10% penalty if you’re under 59½, as investment properties don’t qualify for tax exemptions.

.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.

If so, there are no transfer taxes due. 

It’s definitely smart to evaluate the tax and cost implications of your funding options.

Mgt, Landscape/Snow, tax, insurance, utility then debt service.