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Results (10,000+)
Dany Jarjoura How to identify potential rental properties
28 April 2024 | 11 replies
Analyze the numbers if wide range to figure out why.
Daniel Brandt Newbie in Northern Virginia
29 April 2024 | 4 replies
That might help me and others find ideal options for you.
Steve K. Question on Cap Gains taxes/ Section 121 Exclusion
29 April 2024 | 5 replies
It's a strict 2-year requirement.As for strategies to avoid capital gains on the sale, if your client doesn't meet the ownership and use requirements for the Section 121 exclusion, they might explore other options such as:1031 Exchange: If the property is an investment property rather than a primary residence, your client could consider a 1031 exchange to defer capital gains tax by reinvesting the proceeds into another investment property.Installment Sale: If your client is willing to accept payments over time, they could consider structuring the sale as an installment sale, spreading the recognition of the gain over multiple tax years.Charitable Remainder Trust: If your client is charitably inclined, they could contribute the property to a charitable remainder trust, receive income from the trust for a certain period, and then have the remaining trust assets pass to charity upon their death, potentially reducing or eliminating capital gains tax.These are just a few options, and your client's specific financial situation and goals would need to be considered in determining the best approach.
Dan Mahoney How to buy a tax deed at the Fulton County Tax Sale, Atlanta, GA
29 April 2024 | 168 replies
There are some other more advanced options such as trying to acquire an unrelated lien on the property and using that to redeem the tax deed.
Jack B. Why not use stock losses to offset capital gains when selling rental property?
29 April 2024 | 7 replies
I have $30k of stock options losses this year (multiple bad trades in a row lmao after making 35k last year off options and sadly paying a lot of tax that cant be carried forward to this years losses).
Jerell Edmonds Creative financing for second investment
29 April 2024 | 3 replies
Basically if the interest, taxes and insurance (ITI) is equal to rents it qualifies instead of having to qualify rents against a full PITI (principal, Interest, taxes & Insurance).There are also some DSCR options that can use the STR like VRBO which tend to be much higher then the LTR - long term rents.
Wes Foster BRRRR in Galveston, TX
29 April 2024 | 0 replies
We are currently examining our options.
Alex Ferranti Wholesaler looking for renovation quote help
29 April 2024 | 9 replies
I am not talking about a home inspection which usually says "get a professional opinion" which is what you should have gotten to start with.The other option is to join a local REIG and see if you can walk a few properties with members that are doing them and compare notes. 
DJ Brooks Deferring taxes if 1031 doesn't work
29 April 2024 | 7 replies
If you are OK not leaving the balance left over to your family, This is a very good tax efficient option that can aid a cause you care about.  
Chris C. modular home repair questions
28 April 2024 | 19 replies
I am referring to the double wide units that are delivered in 2 pieces via semi trucks.I Also agree that building codes are different by state/city.