
26 June 2024 | 18 replies
In Pennsylvania, transferring property between LLCs triggers realty transfer taxes.

25 June 2024 | 2 replies
However, when you sell the individual condo units, capital gains tax will be triggered on the gains attributable to those sales.Allocation of Basis: The original purchase price and any improvements made should be allocated among the individual condo units to determine the basis for each unit.Gains Calculation: When selling a unit, the gain is calculated based on the difference between the allocated basis and the sale price of that unit.Partial 1031 Exchange: You may be able to use another 1031 exchange to defer gains on the sale of individual units if you reinvest the proceeds into other like-kind properties.

25 June 2024 | 19 replies
May I recommend anger management since you seem very triggered by me just trying to seek out some help in an area I'm not very familiar with.Cheers!

27 June 2024 | 41 replies
I never saw an update.I am still tempted when I see low prices, high rents with returns of 18%+, but all these bad experiences are making me not pull the trigger.

25 June 2024 | 11 replies
The short answer is yes you will likely trigger a tax consequence for selling your property.

24 June 2024 | 14 replies
I pulled the trigger on one of their Bennah Oaks properties in December.

23 June 2024 | 14 replies
Old home basement aren't meant to be perfectly dry like a modern house, but you do want to keep them from being constantly "wet" as opposed to occasionally damp. 3.
23 June 2024 | 3 replies
A buddy of mine took even longer as his plans triggered an Environmental Impact Study.

24 June 2024 | 11 replies
We have vetted the company and decided to pull the trigger based on great reviews and conversations with other investors.

22 June 2024 | 5 replies
On the psychological front, it sounds like you are feeling some anxiety which may be triggering "W2" thought patterns, which in turn may be triggering anxiety about falling into an "analyses paralyses".