I stumbled upon a potential deal, for an apartment home 2beds/2.5 baths, 1200sq. The seller lost his good job, and needs to sell his rental property to get his finances together. I can negotiate a purchase price of $1...
I rented out my original house for 7 years, my tenants have now bailed and I'm done! I am fixing it up to sell asap. I know I will pay capital gains and have to pay on the depreciation. I am trying to find out WHAT ...
I'm looking to move into a new home in which I can rent out the basement - but trying to decide what to do with my current home. My current home has appreciated a bit since I bought it 3 years ago and other houses in ...
Hi starting a real estate investing company and looking for the best accounting software to manage financials from expenses; collecting rents; buying and selling, etc.
So i understand you can record the structure portion of the property as depreciation as a paper expense. But do I have to? I expect the cash flow to be so small that taking the depreciation makes no difference. If ...
Hey all! There's an amazing vacant and off-market parcel I'm vying for currently for a project I've been working on and in spite of best efforts (letters, door knocking, phone calls, etc) myself and my agent have been...
I am seeking any ideas for how to defer my tax liability for selling stocks in order to make a down payment. I have found a property that looks good and I would like to buy.
I have already sold stocks for the...
Hello BP,My Fiancé and I are looking to purchase our first home and are trying to analyze the potential for converting the basement into a studio apartment rental. We do not have any Real Estate experience so we could...
I purchased a piece of residential land on 2021-01-27 to build on and eventually be a rental property. I'd like to sell it and purchase a built property and have that be the rental property. I will sell the land for m...
I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...