Tony Nuttall
James Gilson
Tax implications of selling a rental property and buying primary residence
14 June 2024 | 4 replies
Your gain on the rental property will beSales price less sales expenses less adjusted basis.Adjusted basis is purchase price plus improvements less accumulated depreciation.Best of luck.
Muriel Paton
Little Miss Bob The Builder!
14 June 2024 | 2 replies
Purchase price: $35,000 Cash invested: $280,000 Sale price: $440,000 purchased vacant lot, built home, sold How did you find this deal and how did you negotiate it?
Kyle Smith
Am I crazy for building a new cabin in Gatlinburg?
14 June 2024 | 28 replies
The properties that perform the best in the Smokies generally have an amenity that cannot be purchased at Lowes: A quarter mile from Dollywood, an amazing view, or waterfront.
Shaylynn O'Leary
New Investor: Cleveland vs. Columbus
14 June 2024 | 23 replies
Quote from @Shaylynn O'Leary: Hi everyone, I'm a new investor looking to purchase my first investment here in the next few months.
Alan Hale
"Real Estate by the Numbers" Math question
14 June 2024 | 3 replies
It says "Profit = sales price - purchase price - expenses" Even on the levered fix-and-flip deal example it gives the full purchase price.
NA Morris
How to sell land in floodway
14 June 2024 | 5 replies
We purchased 11 lots across the street from our homestead Approx 20 years ago in order to prevent building and overcrowding.
Clay Anderson
Insurance for Older Buildings
14 June 2024 | 3 replies
Hi everyone,I'm looking at purchasing a 7 unit property, duplex and 5-plex, in Nevada.
Saurabh Kukreja
Things to consider when buying a property with tenants
14 June 2024 | 1 reply
Hello Everyone,I currently own a property in the 38141 zip code and am considering purchasing another one.
Ellie Narie
1031: Can you use equity in replacement property to replace cash?
13 June 2024 | 2 replies
You only have to purchase at least as much as your net sale and use all of the cash from your sale in the purchase.1.