Paid $100,000 in 2012 for this rental to kids, they are moving. If we sell for about $200,000, we are in 15% bracket. Married $77000 income approx. What's better choice, pay the cap. Gain tax? And be done with it. Or,...

Do you have to pay Capital gains tax on your wholesale fee

Hi All,I am new to investing and am interested in a property in a county tax auction in CA but the property has a $15,000 HOA lien from 2012 and an additional $10,000 in fees that have built up since then. Please corr...

Hello, I really need an advice.Here is the story. I am in CA, at the end of last year I bought a rental house in Indianapolis. It has a tenant who is responsible for paying utilities bill.  Last week I got a tax bill...

I use a 3rd party company to help protest my rental property appraisal values and they take 1/3 of the actual tax reduction as the fee. Does anyone know if this fee can be considered as expense to the rental property ...

Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...

Hello everyone,I am just starting out with the Wholesale Real Estate process and appreciate any advise on this topic so that I have a clear understanding about the DOs and DONt in RE Investing with SDIRA.Is finder fee...

I bought a $120k house to flip in my LLC name on the best street in town. Pumped about $65k into it so now have a roughly $185k basis in it. Only $100k of it is on a 15 year commercial note.Rather than flipping I thin...

Should we create our LLC before we buy our first investment property? Or can we create it after and then establish the investment as part of the LLC.

I am in the process of buying my first property in the next few months and at 6 months in the longest. I talked to a rehab lender and everything seems to be pretty good once I get them money from some of my investors....