Will B.
Taxation of Unrecaptured Section 1250 Gains
Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...
Rahul Gupta
Primary property exception rule on 2 houses?
We bought our primary residence in 2018, lived there till Mid Dec 2020 and then converted that to Airbnb. We moved to a new state in mid Dec 2020 and bought our primary house there which we sold in January of this yea...
Amy W.
Buyer's agent for turnkey?
Hi there,I'm reading, and reading, and reading, and learning the things. One question I can't seem to find the answer to--it seems too obvious for words-- is if you purchase through a turnkey company, do you use a buy...
Juan Abreu
Adverse Possession Affidavit?
Hi everyone!I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Pos...
Mia Edgar
Tax on Capital Gains
I need some quick tax knowledge. I've currently accepted an offer of $760,000 on a property with a $655,000 loan. My real estate agent is getting 5% about $38k so I'd have $64,000 in capital gains. How much of tha...
David Nino
Healthcare for landlords/flippers ??
Just wondering what investors or landlords do for healthcare when they quit their 9-5. And what it costs. I am an investor and can almost live off my rental income. However healthcare is the main reason I haven’t quit...
Kevin Chiu
Capital Gains Tax On a Sale
My mom is planning to sell a house that she has lived in the past almost 20 years.However, the house in under my grandma’s name (who lives out of the country), but my mom has paid for the property taxes every year, al...
Franco Urbaez
Multiple Realtors?
Hello all,I've worked with a Realtor for a few months now and it's been sort of difficult to get the financials on any of the properties that I'm interested in. Is this normal?I am considering seeking out the help fr...
Nicole Velasco
Question about Real Estate Agents role.
Hello everyone!
I'm new to real estate investing and am seeking some guidance as to the roles and responsibilities of real estate agents. My boyfriend and I are in the process of researching different locations with...
Trace Garretson
Dual Agency Scenario
Hello and thank you to anybody who helps me understand this a little better.I am currently working through an online school to get my real estate license. It has been brought to my attention that in my state of Colora...