When I first learned about Roth Ira's, It was to my understanding that the principal that I invested into the Roth IRA account (my already taxed income), was able to be withdrawn at any time tax and penalty free. What...
In the never ending search for more Federal Tax dollar, there is a proposal to eliminate the 1031, Tax Free Exchange. 16 different real estate organizations have formed a coalition to counter and lobby against that p...
Hello I am hoping that someone can help me out here. I sold my primary residence last year and have been renting, I used the proceeds from the sale to buy a vacant lot and now I am changing directions and selling it, ...
I am looking into possibly turning my owner occupied duplex into an HPR or Zero Lot Line property, then selling off each side separately. I haven't done much research yet into how to go about legally doing this but a...
The point of a 1031 exchange is to defer tax payment on a property until future sale. That being said, what does this mean for refinancing-cash out in the future? Can you still do this?In other words, if you refinan...
Free method for doing title search and checking liens/back taxes?
I am 71 years old and retired. I am taking my social security benefits but I also have savings in a 401k, and a Roth IRA. I've been approached by a local real estate investor to become his "private lender" on fix and...
"Tax-free refinance" is commonly touted as a great tax benefit of real estate. Is it true? Yes and no.1. The concept of BRRRR cash-out refi.It is the 3rd "R" in the notorious BRRRR idea: buy-rehab-rent-refinance-repea...
When is it NOT worth taking a capital gains tax exemption? Wouldn’t it ALWAYS be a good time to pay Uncle Sam less? Not exactly…and today, we’re going to get into why. But there’s much more coming up in this Seeing Gr...