13 May 2018 | 2 replies
I'm looking into tax auctions as a first step into a real estate investing as I don't have much capital.
13 May 2018 | 1 reply
I'm looking into tax auctions as a first step into a real estate investing as I don't have much capital.
15 June 2018 | 5 replies
By "professional landlord changes things" did he mean that you would now be considered a real estate professional and therefore eligible to take advantage of real estate losses vs a non-real estate professional?
26 July 2018 | 3 replies
This almost entirely offset the loss in income from selling the buildings.
15 May 2018 | 1 reply
I might be looking to invest some capital over on this side of the globe.
15 May 2018 | 12 replies
Would you sell at a loss?
18 May 2018 | 6 replies
You'd pay capital gains on the $1 million gain from the first sale and the depreciation recapture of $180K for prop A.
16 October 2021 | 57 replies
@John WoodrichThe only thing I'd do different that John Woodrich mentioned is I'd wait for the 2 year for no tax or in my case whenever I BRRR- sell after 1 year and a day to utilize long term capital gains.
18 May 2018 | 8 replies
However, I'm not thinking this is a good idea because of the tax free capital and it's probably just better for this type of exchange to be done quickly.
17 May 2018 | 11 replies
If you're looking to earn some extra capital on the side and want to only spend $3k-$5k furnishing a place as opposed to $30k-$50k rehabing one, I think this is a great option.