No on seems to be talking about this. But as of January 1, 2018 the new Tax Overhaul Bill will substantially increase the requirement to live in a home from 2 years to 5 years in order to qualify for the capital gain...
I have an complicated loan timing situation and was wondering if anyone had an idea on how to execute this better. Thanks in advance if you get through it all.I own several properties, which are all owned in my name o...
I'm trying to purchase a property from my daughter creatively for what she owes on the mortgage. Which is 184k. Zillow estimated it 215k. I want to use her equity as a gift for the down payment to avoid capital gain...
Hey BP community,Today I potentially have stumbled upon my first wholesale deal I'm just trying to figure out if it's worth going after. 2 Bedroom home in a decent area of Detroit, owner inherited the home and did som...
I am a passive investor in a apartment deal in Texas and we are in the processes of selling it for a nice profit. I'd like to roll the money from that deal into my own apartment deal using a 1031 exchange however I ha...
Hello,My wife and I own and manage three high cash-flowing STR's BRRRRs in Colorado. She does the design, I do the construction. Now that I have invested all of my money, I am doing a partnership with my dad. We are c...
Hi Fellow Investors,I have a friend here in the state of Washington interested in selling their 4plex that they’ve lived in for almost 3 years. What is the best way for them to go about selling this property and will...
Seeking advice here on the best approach, any gotcha's that I'm missing, and overall sanity check... My business partner owns a residential property in Seattle outright (the title is in their name and they paid all ca...
Hi guys,I feel like I have been taken, but I am not sure what to do. I went to a big name real estate attorney regarding asset protection and estate planning. I was advised to put all of my properties into LLCs and to...
I have an opportunity to invest with a partner who lives in Syracuse, NY. There are some really good deals to be had with good cash flow, and he is willing to do a lot of the work. I'm worried about possible tax iss...