Davis Wiens
Sell or Refinance and Rent?
30 January 2022 | 2 replies
Plus, you get more depreciation on a larger loan, plus even more on the next house / loan, and you have no capital gains taxes to pay.
Leslie Daffer
To move or stay put?
31 January 2022 | 7 replies
Potential list price of $570k, but would have long-term capital gains.
Matt Foster
Home Equity Loan on primary to purchase 1031 Replacement
31 January 2022 | 6 replies
@Matt Foster For a 10 there are only 2 basic requirements...1) your replacement property must equal/exceed the sale price (less closing cost) of the property you sell2) you must use All the cash from property sale toward the replacement property.You can bring Additional cash to purchase the replacement property, no matter where it comes from.If buy a property for less than what you sold, the difference will be taxed as capital gains/depreciation recapture.
Michelle Lee
Buy rental from parents as primary residence
30 January 2022 | 5 replies
Is there a way to minimize capital gain taxes for this transaction?
Marilynne Poumele-Flores
Any advice for a Rookie
3 February 2022 | 30 replies
From there it's all about assuring you continue to invest your gains into more assets.
Kaiser J.
Mobile Home Park Turnaround
30 January 2022 | 0 replies
The best outcome is that I was able to take the knowledge I gained and buy another park in 2020, then increase the value of that property by $500,000+ in a single year.
Toben B.
Should I sell out or remortgage all my properties?
31 January 2022 | 2 replies
If I sell them the capital gains, agent fees, and depreciation recapture will take a large chunk of the profits plus I need to pay off the remaining mortgages.
Kyle A. Isaacs
Best Commercial Lenders for Cash-Out Refi of Properties <$1m
1 February 2022 | 1 reply
Hey BP Community -I purchased an 8-unit property in GA in March of 2021.
Dan Wynn
To gain from real estate investment.
31 January 2022 | 0 replies
Real estate is surprisingly stable. It has reasonable price appreciation and is also a good source of passive income—a profitable long-term investment. Real estate value goes up over time. It is not just thrivings, an...
Curt Smith
solo 401k estate planning/tax planning; upon death scenarios??
2 February 2022 | 4 replies
I'll have to pay capital gains on the stepped up basis from the time I inherited the IRA.