Paul Clements
Tax question on selling principal residence
6 September 2021 | 11 replies
The 2 of 5 rule would be met, but my question is whether IRS considers the sale of vacant land (that I'd no longer be living on) 'part of' a home/residence sale, or would just exempt the very small amount I might receive from selling the manufactured home.For what may or may not be a relevant comparison, if I sold the contents, fixtures, etc of my house before I sold the actual house, I'd imagine the contents sale would be taxable, but the sale of land and structure not.
Jill Maloney
Reviews on either IRA Financial Trust Company or Midland Trust
2 September 2021 | 2 replies
The vast majority of LLCs that have been set up for checkbook control have been created by dedicated LLC facilitators who work with one or more self directed IRA custodians for the IRA component of the IRA LLC structure.
Paul Clements
Tax question on selling principal residence
31 August 2021 | 8 replies
The 2 of 5 rule would be met, but my question is whether IRS considers the sale of vacant land (that I'd no longer be living on) 'part of' a home/residence sale, or would just exempt the very small amount I might receive from selling the manufactured home.For what may or may not be a relevant comparison, if I sold the contents, fixtures, etc of my house before I sold the actual house, I'd imagine the contents sale would be taxable, but the sale of land and structure not.
Randy Mattila
How do I move from residential multifamily to commercial?
1 September 2021 | 13 replies
I'm not sure how to structure the deal if I use OPM to purchase.
Victor B.
Buy rental property via LLC or in own name w/ umbrella insurance
7 September 2021 | 7 replies
This is why I believe it is important to have good insurance no matter what structure you choose.
Owen Thornton
Why are all the deals I find online seemingly profitable
1 September 2021 | 17 replies
I'm really afraid that the inside is hiding something horrifying, like major structural damage, but I'd look at it.
Varun M.
Considering moving from SFH to house hacking in SF / Bay Area
19 September 2021 | 14 replies
I started this thread assuming we would have to sell our house to use the equity, but given the generous advice on this thread, it's pretty clear that HELOC / HEL might be the way to go, which in turn means we don't need to sell our current home to use the equity, and thus opens us wide to using that equity to fund our investments anywhere, not just bay area (sorry for the long run on sentence).
Brian T. Grooms
Top managers and management companies
31 August 2021 | 5 replies
Before you choose anyone you could ask how their fees are structured (I keep it super simple) and what their response time is (you can see this on AirBnb).
David New
How often to paint exterior of beach houses
2 September 2021 | 12 replies
You guys use hardiboard for exterior siding on structure?
Cordell Critchell
Developing ready build lots for sale
2 September 2021 | 2 replies
Raw to entitlement has so much profit much quicker than buy and hold structures.