i've got an elderly friend who has had a parcel of land for many years. He is interested in having me develop it, but wants to avoid capital gains tax. His plan had been to let it stay in his estate until after he pas...
As income gets tighter for everyone, it becomes all the more important to find ways to keep more of your money. Keep it working for you, keep it turning over in investments, and keep it from flowing away in taxes. Cap...
I'm under contract on an existing single family in Billings, Montana. I already own an existing multiplex here in Billings (and apparently that property is like finding unicorn farts). My question is, if I wanted to f...
I have a scenario for a potential purchase. Basically the guy bought his house a longggg time ago for $20k and wants to sell, and we agree on a $450k sales price. Is there a way to pay him $270k "on paper" so he doesn...
What are the pitfalls to having a contract with an owner to "flip" his property while he still owns it 100%? Does anyone do this successfully to pocket more money and/or utilize owner "private financing"?For example: ...
Hi all.I purchased a property recently with an investment loan, rehabbed it and let it out under a 1-year contract while I live in rented accommodation. I'd like to sell it soon after the contract is up and want to av...
If I have this right. I have a house I have lived in for 2 years that is worth 500,000 and I have to pay taxes on any capital gain off a property that is over 250,000. Can I Cash-Out refinance the Property to where I ...
My friend came to me with a question? He asked - how can I (will) my portfolio of multi family and strip mall commercial real estate to my family, without them having to pay any tax or is the even possible? I wasn't e...
I'm considering investing in two private REITs within a self directed Roth IRA. The specific funds are DLP Lending Fund and DLP Housing Fund. They invest in 1st position real estate investment loans and direct real es...
Can someone please explain the IRS rule that allows homeowners to avoid paying taxes on up to 500k in profit from selling their primary residence? Like what is the specific criteria that this deal and property has to ...