Hello, I am not an experienced landlord/ investor. I made huge capital gains this year due to selling a condo in San Francisco. I'm just now finding out about his opportunity. I wonder if anyone can help me?
1) Is it...
I just sold the house I'm living in for a large profit. Because I lived there for 2 years, I avoided paying capital gains tax on it.I found another house that needs updating that I want to live in for 2 years then sel...
Can someone explain to me how a 1031 Exchange can be used to fund a deal? What are the advantages?
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...
Received a $1M offer on a 16 unit building that I purchased back in March - leaving me with a nice profit.However, I am expecting 30% in short term capital gains between the state and federal and a prepayment penalty ...
I believe I will be funding a few new build-to-rent homes in an opportunity zone and would like to speak with a professional on how to best navigate this to optimize the tax benefits.I also believe that there will be ...
Is there a way to avoid capital gains tax when trying to take money out of stocks and reinvesting into real estate?
I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...
Purchasing property, waiting on appraisals. The seller recently said after we signed a sales contract in November that he wants to have the contract go into effect Jan 1, 2017. This is to avoid capital gains he'd have...
I’m looking to close on a 2.7M commercial building in next 6 months. The outstanding balance is 1.5M, I’d like to buy a 2.2 M 24 unit condo complex with profits with a 1031 exchange. 1. What do I do about the 500k dif...