After 9 years in investing in a 4 unit in DC with section 8 tenants, intense city govt regulations, multiple fines and tons of (painful) lessons learned, I am done. The tipping point is the recent DC Government legisl...
Hi Guys
here's the deal,owner has a 12 unit he is looking to sale, has accumulated a lot of equity. he wants to avoid capital gains & deprecation recapture by exchanging the property to another suitable property ...
Accountants, CPA's and 1031 Exchange experts - this one's for you. I was discussing a scenario with my RE partner where a property could be considered a Primary Residence AND an Investment Property, which could potent...
Hi there,
I have a property that's in an LLC and has been used as both a longterm rental as well as a primary residence (this includes 2 years total within the past 5). If I choose to sell it in it's current LLC stat...
Hello,
I am very new to investing and would like some advice / insight. I purchased a SFH earlier this year in all cash and wanted to do a cash out refi so that I could used the proceeds to invest in other properties...
Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...
Hi BP,
I’ve been lurking for a while now, with the occasional post, but have made it a point to me and my future self to become more engaged with this community and actively connect with like-minded people!
I prev...
Hi guys!
For those more familiar with Land Contracts/Installment Sales and Subject-To deals; I came across a potential deal in California and am trying to weigh the options to create a win-win.
The seller’s goal is ...
Hi there,I am wondering how much do CPAs usually charge for a tax return that involves a simple 1031 exchange? $500? I searched on Google but couldn't find much info. Thanks in advance James
hey all I am new to Real estate and have been trying to buy a property for the last 2 years but it is not working out. I live in the New Jersey New York area and prices continue to climb and they do not look like they...