Hello all ! I’m looking for advice on how to use my sdira do fund more deals. I bought a duplex in another state and own it free and clear and it’s bringing in some money back to the Ira. I want to buy more but don’t ...
I've been cold calling landlords and built some rapport with an older couple that owns about 35 properties in my area. They don't have any debt, mention that the get at least 10 calls a day from people trying to "get ...
I am an wholesaler who recently had a double close. i would like to know the following?
-Are my proceeds subject to capital gains tax?
-If so, What portion of my proceeds will be subject to the capital gains tax?
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Hey all,Looking for creative ways to sell assets and offset/reduce capital gains without doing a 1031 exchange.Background:I have a sale occurring for a bunch of condos I own which will be subject to long term capital ...
Hey everyone! I am relatively new to real estate investing and very much still in the learning process (I have one rental house at this time). I have a relative who has a rental house worth $170K and still owes $80K o...
I'm more of a long term Flipper, holding properties for a year or more which allows me to do additions to add equity and my whole strategy has revolved around long term capital gains..I'm very concerned that she will ...
I have a property in the works that could potentially net a big lump some of money on a property sale. As to date, I have not sold any properties, just buy and holds. I am asking for all advice on how you all are mini...
Hello all, I have a house overlooking a lake in South Dakota. This is my primary residence & the mortgage is held personally on a 30 year note. I file for "owner occupied" status and have the mortgage interest ful...
Hi guys,So I am buying part of the property (the other part my boyfriend will own).If later on I will decide to sell my portion to him, lets say for a bigger amount of money than I purchased it for, will he have to pa...
Hi everyone,
I am selling a 4 unit with potentially a large gain. I lived in it the last 2.5 years. I am trying to find and pay a CPA to run the scenario on the potential tax hit if I do not do a 1031. I'd like to ...