Never complete a 1031 exchange, looking for help near by. (Amesbury MA)SituationMy 3 family has an accepted offer of $660,000 (pending bank approval)I paid $380,00 and owe $336,000.I have 56,000 in depreciation that ...
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What is my best way to not get crushed with taxes?? I was reading about deferring them with the Like-kind or section 1031 exchange. But that seems like its just avoiding the problem not solving it. I also heard it c...
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Hi all, I went to a Rich Dad Poor Dad seminar a while ago and got some information I believe is false. I went to this seminar one of the free ones and this speaker went on to stress this point in saying that if you ta...
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I have publicly traded stock which I'd like to sell without getting hammered on taxes.Is there anything equivalent to a 1031 exchange which would allow me to roll-over capital gains from the stock sale directly into a...
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Hello,I am a new investor and I have a question for the BP community. This year I will receive a sizable salary bonus from my employer. Through our retirement program we have the ability to defer 100% of our bonus t...
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What happens when you decide to stop buying properties? Won't you have built up and built up an incredible amount of taxes you will need to pay? Is it better to pay as you go? You'll need to pay eventually, right?
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Can you like-kind exchange a 3 family the owner is living in to a 2 family that the owner will live in?
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Working full time while attempting to invest. If my goals are to leverage RE for financial freedom, should I still max out retirement accounts?
1. Roth 401k vs 401k?
2. Open a Roth IRA as well?
Trying to figure out...
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- I am looking to sell my 2 houses, both myInvestment homes of over 4 years now. - when I sell them, I will have technically “ made” money. Bought for 20k 4 years ago. Selling for 80k each. - What taxes will I have to...
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Is there a way to defer some rental income into some kind of retirement account when retired?
Lets say someone was able to live entirely off savings for a year, could they somehow put their rental income into a defer...