Hector Test
Can I report zero gain if I build a house, sell it and buy 2 lots
4 January 2021 | 10 replies
Because as soon as you sell them, you have a taxable event.The beauty of real estate is that you can structure your deals so that they are set up as investments, which are treated favorably under tax law.I recommend that you discuss your business plans with a CPA who is familiar with real estate investing and who then can advise you on how to structure your ventures to lower your taxes.
Andrew D Hansen
From rental to empty house
5 January 2021 | 6 replies
@Andrew D Hansen If you take the property out of service as a rental and treat it as a second home (for instance), then you can stop depreciating it.
David Hard
Legal options for collecting unpaid rent and damages
9 January 2021 | 3 replies
I had tenants who signed with me back in early 2017 and for the majority of their time treated my house well and paid rent on time.
Stephen Brown
How to Manage Real Estate like a Business
4 January 2021 | 1 reply
Hello All,I just closed on a duplex and I can already tell that I'm treating Real Estate more like a job rather than a business.
Charlie Anne
Termites & Water Leaks - Seller Credit vs Fix? 2 days to decide!
4 January 2021 | 1 reply
Get termites treated and purchase an ongoing service plan.
Marcus B Hsu
Cashout refi or HELOC?
24 January 2021 | 49 replies
If you treat it as a flip and sell or refinance using the BRRRR philosophy, you put the proceeds towards paying down the HELOC.
Jonathan Pflueger
Multi-Family Success - doubled valuation in 7 months!
5 January 2021 | 3 replies
This is a very important distinction that a lot of investors miss - treating sellers of this nature, like dollars and cents investors, is a mistake and likely a big turn off to the seller.
Marlen Weber
Virtual or In person?
14 January 2021 | 11 replies
Hi Guys,How is the first week of a brand new year treating you?
Jason Muenchow
Trying to decide if I should sell
8 January 2021 | 12 replies
I try to treat everything as logical numbers.
Jon Q.
How to Get Rich: it’s no secret
12 January 2021 | 11 replies
In fact the average person gets a raise and ends up "treating" themselves to a new car or some other luxury.