And since we've lived in that house for 2 of the last 5 years, the capital gain will be tax free as well.

He stresses that these owners would pay a whole lot in capital gains, and if kept to his death, heirs would be inherit at a stepped up basis, meaning heirs skips the cap gains at death.He accumulated quite a portfolio, and NNN is his favorite tool as no one doing residential real estate ever heard of it, and if they did, thought it's only for commercial properties.

You'd probably be better off helping your mom sell the house, avoiding capital gains, splitting the profit with her then using that money towards a down payment for the next property. 

Since this isn't a financial gain for them (they already have the sale completed, so to speak), it's just paper pushing and not worth their time.

This should save me money on my own future deals, while also helping me gain credibility within the industry and my local area as a serious real estate investor and deal maker.As for my professional background, I have been working as a freelance social media marketing strategist for 7+ years helping B2B companies generate and nurture high-quality leads on LinkedIn.

Separate property includes property you owned before you were married, property you inherited, income and gains from separate property and damage awards from a lawsuit.

I can help you gain access to multiple off-market properties a month in Tampa Bay.. along with assist in rehab estimates, competitive market analysis, etc.

I would like to continue to invest in rental properties for a long period of time and buying a turnkey property wouldn't allow me to gain experience as far as owning and managing rental properties.

Hello Fellow BP'ersI am looking to gain some info and possibly some results.I found a property that was vacant for a bit of time and the owners decided to fix it up to sell.

Can anyone shed some light on this topic so next year banks will see a big enough gain to lend without me breaking my savings and having to pay a bunch of income taxes.