Here is a less than optimistic take on Opportunity Zones:https://www.forbes.com/sites/peterjreilly/2019/02/22/opportunity-zones-look-great-for-everybody-except-investors/Summary:meh for investorsgreat for those who ow...
Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...
What are the real tax benefits to the seller when transacting via purchase money mortgage...I can see if the property is not a primary being taxed at capital gains for the sale...but what happens when the seller files...
Hey all, I'm a noob to all this but had a question and looking for some guidance. I have two out of state properties, both mulifamily. I owner occupied one and bought the other as an investment. The investment propert...
I've been hearing a lot lately about these new opportunity zones (from the most recent tax bill). Anybody want to help me wrap my head around it a little better?
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.The progra...
I did some research on this new Opportunity Fund Zone tax benefits. Below are some notes and ideas. Note I'm not a CPA or attorney just putting it out there to help inspire some ideas.
An Opportunity zone (OZ) is ta...
Hello, first time poster here. I appreciate your help.
So my question is how to phrase the benefits of owner financing to an owner of a property I would like to buy with the tax benefits.
For example you will be ...
Investment Info:
Condo fix & flip investment.
Purchase price: $285,000
Cash invested: $45,000
Sale price: $555,000
This was a slow flip, where we updated every single surface of this place ov...
Anyone have insight into these Opportunity Zones and Qualified Opportunity Funds? I’m more specifically interested in the Akron, OH market but I’m guessing all of the “Opportunity Zones” across the country provide the...