I have a sibling who is looking to sell two single-family rental properties but is concerned about the tax implications. Currently, he rents and needs a down payment to purchase a primary residence. We're exploring cr...
Alright so I am going to do my best to describe my thinking as best I can here and hoping someone can give me some thoughts and maybe even improve on the idea.I want to purchase a property from my wife's parents using...
I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...
can israeli invest in real estate in usa?
if he is not amrican?
Hi,
I was under the belief that LLCs or S corps were good entities for a real estate business because it separated business activities away from the individual. So effectively, once I could start signing non-recourse...
I am new to bigger pocket, and just start reading rental property article this year, since we need to decide whether or not we should sell our rental property(our last primary house).
Here is the story: we purchased ...
My uncle lives in San Diego and bought a house in Las Vegas earlier this year using a VA loan. He and my aunt were all set to move there for retirement. But due to some unexpected family stuff, they were forced to hol...
I'm a realtor who helps investors to purchase income properties. One of my clients is looking to purchase the entire portfolio (51 doors) from a seller. The seller is looking to avoid paying a large chunk in taxes. ...
Hello all!I wanted to put this question out there to see if anyone might have a recommendation, it is referring to Ontario, Canada tax laws, but I know there are some Canadian members on here so I'm hoping they might ...
My wife and I are planning of selling our investment property to reinvest in other properties. After we sell the property how long can we defer taxes before getting hit? I know it may take time before we can reinvest ...