Pychet T.
Tax implication with Quitclaim deed
12 March 2024 | 1 reply
The only concern if doing quitclaim will trigger home reassessment, that will push property tax higher.Comments and suggestions are welcome.
Pablo Flores
Anyone use STR Law Guys?
12 March 2024 | 17 replies
He said that transferring my properties from my name to an LLC would trigger the due on sale clause.
Dina Schmid
Analysis Paralysis on Personal Use + STR Vacation Home
11 March 2024 | 17 replies
How did you get over that and pull the trigger - or know that it's best to walk away?
Dillon Vansickle
Help Determining Cap Rate
12 March 2024 | 5 replies
We only use CAP Rates when we are comparing one opportunity against another before pulling the trigger.
Mai Nguyen
Investing Cash flow in LLC
11 March 2024 | 1 reply
Stocks are pretty liquid, BUT selling them triggers tax consequences and the timing of when you want the money for real estate purposes might not coincide with the best time to sell the stock.
Don Konipol
Are These Real Estate Investors?
11 March 2024 | 3 replies
Here are some of the types of “wanna be” investors who never seem to be able to “pull the trigger:”The Organizer – This individual can’t seem to ever get fully organized - and until they do they can’t possibly make a purchase transaction.
Justin Brin
What other kind of income can I deduct with Rental Real Estate losses?
11 March 2024 | 25 replies
To trigger this exception, you must meet three criteria:You must sell your entire interest in the underlying passive activityYou must trigger a tax event, meaning that you must sell your interest for value in a fully taxable transactionAnd you must sell your interest to an unrelated third party, no family or close affiliates.Source Link
Robert DeForge
Have $40,000. Where would you put it for the best return??
12 March 2024 | 168 replies
Yep, hands on local like you are doing is the way to go IMO ... if you are willing and able, have the funds, and have the discipline to NOT pull the trigger on anything that isn't a great deal.
Joe Black
Surprise 17,000 Tax bill due to LLC transfer.
11 March 2024 | 24 replies
Putting appreciated assets into an S corp can trigger gain.
Alex Clark
looking to invest out of state, I keep going back and forth with a bunch of states
12 March 2024 | 24 replies
Find one you are comfortable with and pull the trigger.