Ajay Pottirayil
Tax implications when selling a rental property
Hi All ! I am new to this. Just created an account. I have a question. Hope a few members can shed some light.I purchased a home in 2002 for $250,000. I lived there until 2015. I am renting it now (since market wa...
Drew MacDermott
Selling occupied property - kitchen sink cabinet destroyed.
My business partner and I have decided to sell our SFH investment property and have notified the tenant. They have begun to search for other apartments. After going through the pre-sale inspection with a realtor las...
Nick Letourneau
Sell Rental Property converted from Primary Residence
I am thinking of selling my former primary residence that I converted to a rental property when I moved. I have tried to figure out the capital gains and depreciation recapture with various calculators and by followin...
Nick Letourneau
Sell Rental Property converted from Primary Residence
Sorry for the re-post, but I think this is a better forum in which to ask my questions.I am thinking of selling my former primary residence that I converted to a rental property when I moved. I have tried to figure o...
Janice R.
Selling a property acquired through 1031 exchange
All 1031 experts!I sold a condo in 2006 and used a 1031 exchange to buy a townhouse. This year we will sell the townhouse. I'm having a hard time calculating the taxes owed. Depending the taxes, we may just to anot...
Jason K.
Should I sell inherited rental property ($700k)?
I inherited a duplex in Queens NY (East Elmhurst/Jackson Heights), which is valued at $700k—no mortgage. Been serving as the landlord for the past year.Rent is $3250/mo. ($39k/yr.), which is priced accurately for the ...
Baron Payne
Property Lots and how to sell them
I have a motivated seller with a lot of land that won’t pop up in my propstream software. How do I go about finding a pricing for the address?
Tim Marquess
Good time to sell an investment property
I have a house that I wasn't thinking I was gonna sell but got a really big offer. It is cashflowing after paying mortgage about $1750 per month. I lived in it for 10 and bought a new house. If I sell it before April ...
Anita Parsa
Why do sellers sell good rental properties?
I'm looking at a multi family unit which would be a turnkey rental opportunity for me. I'm a total newbie so I've run the numbers two dozen times with conservative assumptions on everything (high vacancy, high repair...
Nick Vought
Selling High or Keeping a Great Property?
BP Family! I am reaching out to all of you to help me try to solve this cross road I am at. I currently own a Fourplex that I had purchased 2 years ago for 450k with an FHA Loan. I do not have a lot of equity in the p...