I have an investment that is selling August and I will have a large capital gain. I'm trying to figure out how to use opportunity zones to defer and minimize the tax impact. I'm in the northeast so would prefer to inv...
Hello, I know I need to speak to my accountant for specific advice on this, but looking for opinions. I currently invest in my self directed brokerage account. I am planning to sell and use the proceeds to purchase a ...
Hello All!I just sold my rental property, I am near the end of the closing process and getting my funds put into a 1031 exchange escrow. Ideally, I am looking to purchase two single family properties off of these fun...
Hello BP,Here's my current situation and I would like to hear your opinion on what would you do if you were me. My question is should I sell my rental in Riverside County or continue to rent it out when the current l...
Hello All, I came across Opportunity Zone topic while chatting with someone and wanted your thoughts on it. Here is my situation, I am selling a (Multifamily) property in Ohio to bring my next investment(Multifamily a...
I have created a substantial amount of capital through the stock market and want to transfer to real estate. I was wondering if anyone knew if there is a way to transfer without paying capital gains tax. Is there an e...
Hi Everyone,I am closing on my first rental duplex in mid-December located in an opportunity zone. I do not yet have an LLC set up for this property and it will be owned by my husband and me at first. We were planning...
I hope this is the correct forum to post this question. I currently have a mutual fund account with around 25k that I would like to use towards the purchase on an investment property. Long story short, my parents set ...
I'm looking at a possible flip and can't decide the best method of financing. We have some cash in mutual funds and are wondering if it's wise to pull that out and pay cash then finance the remod....Or save the cash ...
I bought my multifamily as a short sale, added value, and can cash out now with some good profit. The property values are topping in the area and starting to see a decline, and I am not seeing rental prices or demand ...