29 September 2020 | 6 replies
The quality of agents runs the gamut, but I bet you don't ask the attorney to represent you and tell them I won't pay you until I am sure you win the case (obviously some do work that way but talking about the situations where that is not the case).That being said, if you ask someone to run around and do a bunch of "free" work eventually that tapers off as they find clients that respect their time, energy, resources (assuming they are worth their weight).
21 September 2020 | 1 reply
To get there, I need to gain the experience in RE transactions, functioning as a landlord (with a PM company) and build my investment fund to multiples of where it’s at today.SHORT-TERM GOAL – I have been studying RE investing for about one month and I’m interested to start with detached single family and multifamily houses.
26 September 2020 | 5 replies
We have some capital gains this year and read about opportunity zones and how they can partially and permanently remove tax payments on capital gains depending on how long you hold the investment.
30 September 2020 | 15 replies
Great way to start building wealth, appreciation, gain the tax benefits all while learning to be a landlord (if you don’t hire a PM) and live either free or pay way less than you normally would for rent.
25 September 2020 | 46 replies
However, she said she had house hacked this home, wouldn't she better off selling the home and capturing the gain tax free.
28 September 2020 | 6 replies
And maintain your 1031 exchange capital gains and recapture tax breaks as well.
22 September 2020 | 7 replies
You can only 1031 exchange long term rental "Investment Properties" and property that is used for business "Owner Occupied".However, since this is hypothetical, if the IRS allowed you to 1031 flip properties, then you would pay taxes at your capital gains rate (once you sold the last property and didn't replace it) on all the gain from all the properties and 25% on any depreciation taken during the the hold periods.
28 September 2020 | 22 replies
@Tarik TurnerYes, lots of confusion as I am just gaining information and new to all of this.
23 September 2020 | 3 replies
Hello - I am looking to gain new policies (or at least, quotes) on my properties.
25 September 2020 | 5 replies
What is capital gain tax rate on sale of rental property?