Max M.
Closing costs on sale of rental (cap gains exempt)
30 April 2024 | 4 replies
We have substantial closing costs on the sale, primarily transfer tax and realtors' commissions.
Marius Fleischer
Convince me - first investment property!
2 May 2024 | 29 replies
A lot of out-of-state investors from the east and west coast are investing here due to the crazy growth over the last 3-5 years.
Dominique Coffin
1031 Exchange to Seller Financing
29 April 2024 | 3 replies
A direct attempt at seller financing will result in taxes being recognized for the value of the carryback note (making the exchange less efficient).
John Thomas
Beginner looking for coaching/guidance/mentorship
30 April 2024 | 43 replies
As a born and raised local, I love the Charlotte and surrounding sub cities market due to many things.
Casey Kornoelje
Cannabis 1031 —> How Much Can I Buy?
29 April 2024 | 3 replies
If you identify more than 3 properties that add up to more than 200% of your selling price then you have to buy 90% of them or your exchange fails and you owe all the taxes.
Daniel Pitner
Divorce - I need your brain power (Creative Financing)
1 May 2024 | 4 replies
You have the capital gain taxes on the backend.
Sherri O'Neal
Too old to see rewards?
30 April 2024 | 25 replies
No taxes on capital gains if you have lived in your primary residence 2 of 5 years
Alex Rozsa
What to calculate on a property to know if it is a good deal?
1 May 2024 | 2 replies
Property taxes ought to also be considered.
Brandon Chung
When is the best time to establish a legal entity (LLC, S Corp, etc.) for REI?
1 May 2024 | 4 replies
Discuss any pros and cons with your attorney and CPA to weigh the advantages and disadvantages, particularly regarding liability protection and tax benefits.
Kirk M.
How to know when to Sell or Hold or Develop on property?
30 April 2024 | 1 reply
Once you know what’s possible then you’d likely want to evaluate affordable housing grants, tax credits, tax incentives, etc.