How if ever will taxes be assessed to money taken out of a home equity credit line.
One example,
I buy a house for $100,000
I take $20.000 out of my HELOC
At some point I sell the house for $200,000
Do I owe taxe...
KC appears confusing and requires a local expert to tell you where to buy. I want to buy & hold appreciating properties in neighborhoods where I can find decent tenants. This means the crime level shouldn't be hig...
Hello Everyone,
I am new to this group and just wanted to say a little bit about myself. I work for a brokerage that sources distressed real estate to Investors. We cash close on 10-15 properties a month so you will ...
I am currently looking for a single family in the Boise area, but I am starting to get worried about the possibility of the bubble bursting.
I recently sold an investment property into a 1031 exchange and looking at replacements. I have a few options and would like get thoughts:1. Retail (essential) DST with ExchangeRight that has 5% cash on cash return an...
Hey guys,
So, I'm currently under contract for a SFR here in the Las Vegas area. It's a 1200sqft single family home, 3bed, 2 bath, build in 1985 in a pretty nice area. The sellers was tried of being a landlord and ...
Many of you have had a very good run buying distressed properties, homes in need of repair, and successfully rehabbed and resold them to make a profit. I believe with the recent real estate crash, we have ...
Happy Saturday, here are some updates from the month of April!
Real Estate Update:
Here's the latest real estate market report for April 2023 (single family homes):
Median Sales Price: $438,950 (March: $430,000)New...
https://www.courier-journal.co... of the things here seem pretty significant! I've talked about this quite a bit on See You at Noon. Look to Oregon to see how big this is! ►Allow property owners to build an accessory ...
Planning to sell my investment property in Tremont (very close to the Christmas story house) - wondering what cap rates are you folks seeing nowadays for a fully stabilized fourplex (no deferred maintenance, everythin...