Selling an investment property, that I purchased for little to nothing and  selling for over a huge profit, after renting for 5 years... what is the best way to avoid huge capital gains tax.  Do I have to buy another ...

Hello All -We are about a month away from getting completely out of all W-2 employment and going full time (hubby & I) in REI.  We have been thinking about this for a while and feel like we are in good shape to do...

I know that most of you HIGHLY recommend doing a 1031. But I am currently in a situation that I am just considering paying the Capital Gains Tax and be done with it. So I want some differing opinions.

First off, th...

I'm a first time owner of an investment property. Challenge is that I did not figure in a senior tax exemption as well as homeowner exemption, which made the taxes look deceptively lower.

As it is, with the downturn...

I need help and ideas as a new investor and hoping to get good sound advice from a seasoned and trusted investor, preferably someone familiar with the South Florida market or general advice. My Mother is looking to me...

Hello,

We are learning more of the in's and out's of depreciation, trying to decide how to handle depreciation on some properties.

Basically:
* Our AGI is past the point where we can deduct any passive loss carryo...

Hello guys, my name is Cesar and I live in New York. I'm a rookie to real estate investing but have been reading RE books and listening to RE podcasts. I want to take the next step in all this and TAKE ACTION.  I am r...

Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...

Hello BP,first off all I have to say it was a great thing to find bigger pockets as it has really helped me alot to collect alot of information about REI in the US. My name is Sascha and I am 32 years old from Frankfu...

I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...