Benjamin Sulka
House Hack Numbers Not Working (after I move out in 12 months)
26 March 2024 | 39 replies
You still get principal paydown, tax benefits, and appreciation.
Mounish Thatikonda
1% rule in Chicago suburbs
25 March 2024 | 4 replies
I also personally would shoot for 1.2-1.4% in the suburbs due to the higher tax rates than in the city.
NA H.
Working towards our “why”
23 March 2024 | 31 replies
I don't know the cost of things in your area but you would get the proceeds of the sale tax free from federal income tax from the primary residence exclusion.
Vlad Selsky
clarification on 45-day replacement property
25 March 2024 | 3 replies
However, they will not receive any tax deferral through a 1031 exchange unless they buy one or more of the identified properties on their list.
Account Closed
Wholesalers Beware - Equity skimming: Tale of a local home sale and a lawsuit
24 March 2024 | 13 replies
The home was going into foreclosure because Larson owned over $11,000 in delinquent property taxes.
Keeya WangJones
$250k ARR - How is it done?!!!
23 March 2024 | 20 replies
Washington state’s capital gains tax, passed in 2021, imposes a 7% tax on any gains of more than $250,000 from the sale of stocks and bonds, with some exceptions.
J Newman
Financing / investment options when you have equity but no cash
24 March 2024 | 14 replies
And you did this without paying any tax.
Michael Orlando
Live in flip financing advice
25 March 2024 | 5 replies
To get the tax benefits of a live in flip you would have to live there for two years.
Account Closed
I have a few FSBO Questions
24 March 2024 | 25 replies
A lot of buyer's agents will simply try to avoid showing a FSBO because FSBO sellers are notoriously unreasonable and difficult to work with.
Rob Trufant
Advice Request for First Time Homebuyer Looking to House Hack in Pittsboro, NC
22 March 2024 | 11 replies
What I mean by this is considering how much your down payment returns to your net worth (appreciation, loan paydown, tax benefits, AND rent avoidance).