
2 September 2018 | 5 replies
You can sell with a monetized installment sale, which results in 30 year deferral of capital gains tax, and provides you with 93.5% of your net sales proceeds in cash.

3 October 2018 | 4 replies
The market sometimes (but not always) gives us gains, tenants and time result in paid down mortgages, which results in equity increases.

5 September 2018 | 4 replies
When you later sell that property you will not get the full amount of gain tax free as with your other primary residence.

2 September 2018 | 2 replies
And I'll turn that into 10-15% gains, or much more...

16 September 2018 | 10 replies
Reap the benefits of what you have gained so far, most likely almost tax free.
3 November 2018 | 2 replies
I like to know everything I need to know and gain tips and advise on how to find a starter homer hat meets most of my needs.

4 September 2018 | 2 replies
This is commonly referred to as the BRRRR strategy.If you are looking to grow a portfolio to gain passive income to replace your current income this is a perfect strategy to use.

3 September 2018 | 6 replies
I am not necessarily saying you have to use all of your gains from the primary residence for a new property.

2 September 2018 | 0 replies
I will list the numbers:current rent $1950/month (going to $2000 in about 6 months at end of 2 yr lease)My expenses: annual taxes $7950 ($662/month) Heloc balance $170k interest currently 5% land lord policy $1150/ year Self managed Maintenance : has averaged $300-400 per year.Reasons I am considering sale : 1) property is currently worth about $270k (making me feel roi is low). 2) property has a pool which is a liability that I'm not completely comfortable with. 3) property has a heloc balance against it of about $170k that I technically cannot deduct the interest because it wasn't used for the property or any other rental. 4) Tax treatment: my understanding is if you sell it having lived in it 2 out of last 5 years the capital gains would be exempt.

4 September 2018 | 80 replies
So for the extra $20 a month I would have to invest into wifi extenders but end of the day I will be gaining..