Kevin P.
Buy & Hold Hard Money
31 January 2022 | 0 replies
The tenant is interested in purchasing and I may give them the option since I've owned it for 2 years and I wouldn't have short term gains on it and I can avoid using any agents.
Grey Stone
Lux Short Term vs Long Term Rental
2 February 2022 | 10 replies
If you inherit a property there is a step up in tax basis and no capital gains tax or depreciation recapture if you sell the property for same market value as valued when inherited Any gain occurring after inherited date can be avoided by doing a 1031 exchange.
Kares Waters-Polk
Should I take a sales job to market myself?
1 February 2022 | 9 replies
In addition, you will gain an understanding that sales are integral to the prosperity of any business, yourself included.
Juan Aguirre
Should I look into a partner or try Seller financing???
4 February 2022 | 5 replies
Explain the potential tax advantage of spreading the seller carry portion of cap gains over additional years to reduce tax exposure in 1 single year plus the interest of course!
Tony F.
ways to get a property out of corporate ownership
2 February 2022 | 5 replies
Their CPA says they will pay cap gains when the Corp sells, then they will pay income tax on the distribution, resulting it over 50% of sale proceeds going to Uncle Sam.
Jaron Walling
Help me get a job in real estate development!
1 February 2022 | 0 replies
Hello BP friends, I've meet amazing people here and I've gained real world experience implementing what people talk about in these forums.
Orlando Goodon
Where can I find a list of example deals for 3.5% down multi?
3 February 2022 | 4 replies
If guy with million dollar house only gains $5000 in equity in first year but house value goes up $30k, that can help even the field with a smaller house that is being paid down faster, right?
Derek Scott
Capital Gains Tax Question
2 February 2022 | 5 replies
Will she have to pay a capital gains tax on her property if she sells before passing away(Mom is 89)?
Sidney Alexandre
Hire a GC or DYI on first property?
3 February 2022 | 5 replies
With the experiences we gain, we want to be able to protect ourself against contractors that might be willing to take advantage of younger investors who do not have any experience in remolding/construction in the future.
Justin Harley
HELOC or Cash Out REFI
2 February 2022 | 4 replies
It gets even better because it's likely you didn't pay any tax on the $10,000 because of the depreciation offset and if you reinvest the principal and/or proceeds you can avoid paying take on the $25,000 gain as well.