Jack B.
Running out of time for 1031 exchange, what to do??
I did two before in 2017, and it was tight then, days left in one case.
But now it's 12 days away and no luck in my area.
I started to look at multi family and single family that have sat 3 months hoping to go mutua...
Tamara R.
Is there a new rule must show rental income on taxes for refi?
I am trying to get a refi on a BRRR property for a sizeable amount I will be able to pull back out of it. I was just told that you can no longer just show rental receipts, that you have to have it claimed on your tax...
Grace Porritt
New Wrap Loan with Installment Sale
I have an Investment Property that I previously did a 1031 exchange on with sizeable gains. My income recapture (first to pay back), is approximately $45,000. I have a potential buyer (friend), that will work with m...
Michael Freiberg
Basic Capital Gains and Tax Questions!
I know this is very basic, but I am just starting the educational segment of my journey. I own a 1400 sq. ft. condo in Denver, CO in a up and coming area. I am renting it to friends (I know this is a no no), basically...
Derek Britt
Need advice on how to proceed with property
I am a novice in real estate investing but have had a couple of great opportunities and am committed to learning. I have a couple of mentors locally who know what they are doing but I would like to run this idea by th...
Jim Williams
SD IRA, Real Estate, Business
Just curious about self-directed IRA's and wondering if anyone is familiar with this idea.
I set up a 401k with my self-directed IRA funds, which purchase stock in a newly-formed C-Corporation, The Corp than buys, sa...
Mike Chang
Question on 1031 Exchange
Hi,
I'm thinking of doing a partial 1031 exchange. I'm hoping to just move the profit from the original property sale into the exchange, and then taking the original down payment out in cash.
Does a...
Justin R.
Texas (Financially) Deadly Property Taxes!
Living in California I started investing out of state in 2010. At the time, an investor could invest almost anywhere in U.S. and pencil out a good return. I chose Texas due to what I felt was going to be an appreciati...
Jack B.
Looking to 1031 my Seattle AREA properties to another state for cash flow and retire
In a state with no income tax, I'm getting killed by property taxes of 7K a year for each property. Some would be 10K if I had not sold those year ago.
I'm considering leaving this state, it's a dumpster fire, crimin...
Joshua Sclafani
Bernie Sanders announces bill to close REI Tax "loopholes"
Sanders Announces Bill to Close Tax Loopholes Used by TrumpTuesday, October 4, 2016 WASHINGTON, Oct. 4 – Sen. Bernie Sanders (I-Vt.) announced Tuesday he would introduce legislation in the next session of Congress to...