Hey everybody, I’m working on my first deal with is a house flip and I’m wondering if I’d be better off keeping it a year due to tax implications. To the people that have done flips out there...don’t I have to pay sel...
Have a Solo 401k that owns a couple of rental properties. Now rehabbing a new property I intend to flip, but discovered the UBIT tax issue. Several references discuss how holding for over a year avoids UBIT. One refer...
What are the best markets to flip properties right now in the US? In terms of current home values.
I live in Canada but the buy and hold market here is not favorable. I am interested in investing long distance in the USA. What legal and tax complications should I be aware of?Will I look for financing from Canadian ...
Hello!I'm new to Kansas and new to real estate investing. I've played with stocks and crypto and still hold both, I also love physical Gold and Silver Bullion (not really an 'investment' in the regular use of the word...
Dear all,I am readding NOLO's article referenced at the end about how new Tax Law changes 179 expensing.Do I read it correctly that I can write off a car cost (new or used) 100% using 179 expensing?My scenario:- Me an...
I am in the process of securing a HELOC against my home to start buy and hold rental investment. I was advised to use the HELOC to buy a property outright to get “in the game” and see how it all works (as long as the ...
Hi everyone!
this might be a silly question but how does buy and hold real estate investing help an individual compete with other investors. I understand there is cash flow and tax advantages and the holy grail of...
Hey local folks, newbie here seeking your opinion on events and meetups.I've been looking around the forums for some casual Connecticut meetups for awhile and haven't found much besides some old postshhere and there.L...
Hello
I'm self employed and normally they give us small business owners a hard time getting traditional loans.
I'm looking at getting my first rental property and have seen some good deals in my area (S...