Hi everyone,I was wondering if it is possible to 1031 exchange a SFH rental for a 50% interest in a 4plex (the 50% interest will be of greater value than the prior SFH, paid via cash + commercial loan, and both units ...
Stuck in a quandary between selling and cash out refi on a 4 family I have. I owe 235k. I have a buyer for 500k off market. Sell it and walk away with 250k. I also lived here and can avoid capital gains.Property cash ...
Example case:
Apartment Complex purchased 10 years agoPurchase price was $50,000Going to sell it for $150,000 and do a 1031 exchange into another property
Question - can I pull out my initial $50,000 investment tax ...
Hi all,
Really hoping someone can help us. We bought a SFH as part of a 1031x and got a good deal. Fixed it over a year, rented it for two years. Despite trying, it has been vacant for 10 months now. We were thinking...
Want to pay ZERO taxes next year? If you own real estate or are building a portfolio, there’s a good chance that you can legally keep your profits away from Uncle Sam. But you’ll need one thing before you can do so. O...
I'm far from the 15% tax bracket, but my tax bracket will drop drastically in retirement, so I'm wondering if the 0% capital gains tax will apply to real estate investors who sell real estate and are in the 15% or 10%...
Hello All,I will be purchasing a duplex that I plan to occupy while renting the other unit. If I sell the home after 2 years will the profit from the entire sale be tax free, or just 50% since half of the property was...
I'm trying to understand what the big deal is? As I understand it, you save capital gains on $250k for single, $500k for married when you sell the house you lived in so long as you lived in 2 of the previous 5 years....
My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...
Can I use my ROTH IRA for REI? I am having trouble finding examples specifically rolling a ROTH to a self directed IRA for REI.