I have read about 1031 ( 1031b ) and am still uncertain as to how the property you sell is taxed and how to ( if you can ) defer from paying taxes on the profit you make, from the sale

I am looking to finally...

Looking for advice… my husband & I having been living in his parent’s investment property in California since they purchased the home in 2013 for Ryan. Ryan & I have paid “rent” every month to his parents. His...

I bought a rental (Town Home) back in 2004 & have been taking a depreciation so that I could get a bigger tax return. The CPA that did my taxes this year advised me that I shouldn't be taking a depreciation if I ...

I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...

I am in final negotiations on acquiring a property that was inherited.  The property is in a good location, thus attaching $value to the purchase price, but there are years of deferred maintenance, and a full rehab is...

Hello,can someone share their experience and advise on investing as Individual vs LLC for crowdfunding equity and debt deals?I am finding difficulties with understanding the topic, the way I understand it if you form ...

Hello Bigger Pockets! My name is Christopher Guerrero, or Chris if you prefer. I'm a newbie from Fort Worth, Texas. Recently finished school for welding and I'll be starting my career next week. I have to admit I have...

I have a parent that wants me to help them relocate from SC to TX. They need to slightly renovate their home before moving but can not afford to do so. It is owned free and clear. I am not going to put money into a ho...

Hey guys - I'm looking to purchase a fourplex or a triplex, however, I have been running three scenarios through my head and wanted to see what you guys thought may be the best route to go. 1.) Identify a more run dow...

I am considering selling a property that will have about a 60k gain and using a 1031 exchange to purchase another property for 110k.  I will use personal funds from a Helock for the remaining 50k of the purchase plus ...