Jack B.
Can I sell half my rentals and use the money to payoff the others without paying tax?
As in, is there a tax loophole here to avoid capital gains? I know of 1031 exchanges, but this is a bit different....I took money out of some of my rentals a few years ago to buy more. Wondering if I sell some now and...
Helen Fletch
Non-judicial foreclosure vs. no foreclosure and taxes
I don't know if this is the right forum category, but here goes:My brother and I have an inherited piece of property. My father sold the Note and became the "bank" back in 2012 to generate income to pay for medical ex...
Ace Kaspar
BRRR vs Conventional
Hi Everyone!I have been someone who has actively used the conventional method to buy my real estate investment properties for long term rentals. Now I am looking at converting one of them to a short term rental and th...
Sean N.
Huge tax shock that came back to haunt me.
So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...
Emre Dura
Need legal advice for LLC opening as a non-US citizen/resident
I'm a new (foreign) investor and just bought a new property in Detroit with cash as a first move. Looking forward to legal advice for LLC opening. any referrals who have experience with international investors? Thx
Glenn McCrorey
What do Flippers do with the profits?
When I watch TV shows about flipping houses and the big profits they make, I wonder if they are paying taxes as the go, or using 1031 exchanges on every one. My wife is a realtor and about half of what she makes goes...
Cariza Abinguna
401k to fund property
Hi guys! I have a good amount of money from my 401k from my previous employer. I didn't do anything to it once I left my job back in 2020 so its just sitting in my account. I would like to cash it out and use the fund...
Antonio Bodley
Tax Deed Properties
Are all tax deed properties in bad condition? Are tax deed properties a bad choice for homebuyers looking to make a tax deed property as their residence?
Brett Peters
Water pipe/ Sidewalk excavation
So...then rehab that I have in progress does not have a water pipe running into the house. I have to excavate the sidewalk in order to run a new pipe. Are any of you familiar with this process and the cost it entails?
Nick Acquilano
Finding financing problem
Like to reach out and get some opinions. I have two multi family cash flowing rentals in Syracuse NY. I have always had trouble getting financed due to my job. I bartend and don’t show much income. I do however make g...