I prefer holding a rental to mitigate capital gains taxes after a few years of holding.

But there is certainly a "im ok with it" side and a "im not ok with it side" Just depends where you fall...

Great for Passive income,tax breaks,city of SB have many programs to assist investors/landlords as well as possible owner/occupant.

He motivated me to get going in tax liens.

Looking for good options to get a pre approval done in Colulmbus, Ohio

In terms of the title, you can go in together and the loan can be under one or both people depending on qualifications.

Hi All,What are some tax implications to keep in mind for flipping a single-family home in California?

.- Tax Benefits of receiving installments instead of a lump sum payment.- Legal Options for the seller if the buyer does not make payments.- Visual/Explanation of how the loan looks on the HUD-1 at closing.Good Luck!

@Nick M.We have been through that situation several times.It depends on your objectives with the property, but my first thought for you is - “are you sure you want them to leave?”

The question is this (numbers are just round for ease of calculation):  Suppose the home is valued at $500K, and I took a $50,000 (10%) distribution last year, including what was owed for taxes.