Yocheved Beer
seller backing out after assignment of contract
13 March 2024 | 16 replies
I advanced 50k to pay back taxes.. 2. like most contracts for distressed property it was all cash at close.3. on the closing date I moved in all the cash to buy it 6 figures 4.
Jack B.
Do you plan on eventually cashing out and moving away from real estate?
11 March 2024 | 152 replies
Our goal is to keep and hold minimizing or eliminating any debt and enjoy the cashflow and re tax write offs. we have 19, had 20 and regretted almost instantly selling the one.
Denise M. Tschida
How to set myself up for retirement from my day job in 5 years at 65?
12 March 2024 | 10 replies
Currently, the principal, interest, taxes, and insurance (PITI) amount to $3,329 monthly.
Dee Jay
Inherited condo, renovate and rent, or sell
12 March 2024 | 1 reply
Not a real estate professional for tax purposes, but currently have experience with 1 other rental.
Patricia Via
Help with 1031 involving SF rental exchanged for two land lots, want to sell lot
12 March 2024 | 7 replies
Want to sell the cheaper lot but not sure how to figure the taxes.
Matthew Paul
What type of housing problems are in the future due to the increased border crossings
12 March 2024 | 105 replies
Solutions: expand National Historic Rehabilitation Tax Credits, preservation tax credits, save the historic and as Baltimore likes to call it charming housing.
Ryan Judkins
Cost Segregation on Primary Residence if renting out the basement
12 March 2024 | 13 replies
I'd recommend getting a free cost/benefit analysis quote from a cost seg company to determine if the tax benefits would outweigh the costs.
Rene D.
Qualified Opportunity Zone
12 March 2024 | 2 replies
If so, is there certain steps to take to qualify for the tax advantages?
Stephen Jones
1031 exchange question
12 March 2024 | 7 replies
To clarify @Jason Wray's response, monies pulled out of an exchange are called "boot" and you pay taxes on them.
Stacy Gomez
Legal Set-up for multiple properties in 3 different states
13 March 2024 | 2 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.