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- I am looking to sell my 2 houses, both myInvestment homes of over 4 years now. - when I sell them, I will have technically “ made” money. Bought for 20k 4 years ago. Selling for 80k each. - What taxes will I have to...
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I am familiar with 1031 Tax Deferred Exchanges. However this issue came up;EG. Selling a FREE & CLEAR Investment property for $500KNow if you as the seller are doing a 1031 Exchange and SELL this property and hav...
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We have sold our CA rental property & have identified a 6 unit in TX. The 6 unit needs to be put into an LLC. My question is a 1031 ok to do as married couple into an TX LLC. We have been hearing a single entity L...
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Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...
Creating An Investment Firm(Advice) Hi Everyone, Brief Bio: Age: 25 Education: Finance MBA (Non-Ivy) Occupation: Securitized Products Group Internal Auditor at a Big Firm. Mitigating risk within, CMBS & Tax Orient...
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Hey All, I am trying to find a multi Unit property in the Philadelphia area preferably between 4-10 units. I am checking all the websites, and I have two friends who are realtors but I am not having much luck. I am a...
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Long story short this should have closed last week, but some crap came up from the bank underwriting. We're basically trying to save about 100k in capital gains tax so this is very important.....I'm on day 172 of 180...
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I have been an investor for over 10 years. Recently, became a licensed real estate agent. Looking for tips and tricks from the community on making both work well.
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Hey BP!I found a commercial property with a seller who is ready to sell. The seller took the property off the market.I'm cautious about it, but don't want to let an opportunity go by without taking a good look at it....
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Good Afternoon,
My self and a business partner own a portfolio of smaller multifamily properties (2-4 units). We are looking to expand operations and thus are researching the lending market for line of credit opport...