Wondering if capital gains from a sale (and capital gains only) could be taken and rolled into a different property via 1031 exchange to avoid the tax hit. Or does one have to take all the proceeds and roll them into...
Hi all, I am just starting my real estate investment journey with my husband and a friend of ours. The 3 of us are contributing equally to our first investment and are in the process of setting up our business LLC. My...
Hello everyone, this is more of a question that came to mind & not really a situation I’m currently in. Is it possible for investors to sell a property that they have not yet paid off, keep the cash from the sale,...
I formed a partnership with an investor and we have $300k sitting in the operating account. Rather than paying a property manager a $1,000 fee to place our tenants in the property, I am doing that and partner told me ...
Hello!I have been researching and learning more and more about tax sales as I am interested in acquiring a relatively cheap land as my first real estate invesment. Before I jump on this adventure, I want to make sure ...
This is actually my Grandfather's property that I am trying to get him a monthly cashflow since he is now in an assisted living situation. He gave me the property (through a Quit Claim Deed) but his name is still on t...
Hi,
I currently own two tax liens in my name that haven't been paid off thus far. It seems likely I'll be able to take action in just over a year to acquire, but understand that I'll get a big tax hit if I end up sel...
Hey there Seattle investors,I'll be starting down the road to my first investment property soon, and I'd love some advice from experienced folks on how to approach lenders. Is there anything I should or shouldn't do t...
What are some good end of year tax deduction strategies (outside of increasing your 401lk contributions). I've read a lot of people will buy a property as an STR, put it into service then do a cost seg. I'm looking to...
It was in our lease that the tenants would take care of the yard. They didn't and now we have to replant the grass which isn't cheap (plus watering new grass this time of year has to happen several times a week).Do mo...