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Hello BP newbie loooking for advice on the best way to acquire my first rental property from a relative. i was thinking about doing a quit deed claim. I am looking for the easiest fastest way without having to deal wi...
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I know at this point I need a CPA. I'm seeking advice what to do after my flips to remain on uncle SAMs good side without killing my liquidity. All advice is appreciated , I'm sure there are many members in my same bo...
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HiWhat are the taxes for rentals ?And I understand that there is a tax about 50% if you buy and sell your property , having it less than one year?What can be done about it?
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I'm new to the real estate game, about to flip my first two properties and expect to clear around 50k combined on them. Is it a good idea from a tax standpoint to use the profits to put down towards a new personal hom...
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Hi,Has anyone in this forum invested in Opportunity Zone? If so, in what state? What pros and cons and precautions you would advise others? My strategy is to buy and hold long term investor. Thanks for your advice in ...
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Hello,1. If I do a 1031 exchange on the rental property I buy will I be able depreciate for another 27.9 years?2. If I sell my property and I dis 1031 exchange properties before will I have to pay depreciation on all ...
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Hey all, just curious state of Texas are charging high prices to pull real estate court records (liens, foreclosures, vacant etc) I have been advised that I shouldn’t spend no more then $30 when pulling records from c...
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Do I pay taxes on flips What do I do
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Thisniant really real estate in the traditional sense but I’m buying a sailboat in Sausalito CA and plan to sail the boat up to Seattle WA, where it will be permanently kept. From what I can see, it looks like the tax...
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I have an opportunity to purchase a property well under market value but want to get some ideas as to how best to handle it.One of my sub-contractors lost the bid on a tax sale property that was owned by one of his fa...