Navdeep Raj
Capital Gains - Investment > Primary
I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...
Michael Plaks
0% owner financing and IRS imputed interest
Lately, this seems to be a frequent topic, as certain gurus teach people to request 0% owner financing from sellers, and a number of investors brag about having done so. The benefits to the investor are obvious. The b...
Jonathan Ward
Selling property... Sister can't report sale to IRS this year.
Hi,My sister and I rent a property that's in a Revocable Trust. Our tenants have given notice and will be out by 5/1. Being an 87 yr old home, I would like to sell the property. She and her husband have been hit hard ...
Rachid B.
Capital gain tax 5 years rule question
Hi everyone, I would appreciate if someone can answer this question for me.I bought a house in Houston in March of 2012. We lived in it for two years and been renting it since.I am selling my house next month which wi...
Lindsey Kocher
About to put our first MFP deal under contract...what comes next?
Hi all! Our LLC is about to purchase a pair of adjacent duplexes that we plan to manage ourselves as part of our learning, as we are new to the industry. The would be our first "dedicated" investment purchase. List...
Rich Weese
Here you go- I must be STUPID or something 2%-50% rule...
I've been negotiating for 6 months on an extremely nice "class c" property in Dallas area. We're finally going to close on the 14th of Aug. According to those that believe the 2%-50%, I must be stupid, but I'm survivi...
Andres Alava
Can I invest into real estate with pre-tax dollars?
Hello,
I have heard that it is possible to invest into rental real estate with pre tax dollars. From my own research, it seems that the main two scenarios where this can be done is 1. if you own your own business an...
Eric F.
WA -> Idaho Investing - Property & Income Tax Impact?
I live in Washington near the border to Idaho. I'm interested in investing in Idaho, but I have zero experience with Idaho taxes (or state income tax at all for that matter).Questions:I've heard that property taxes i...
Malcolm Lawson
All my eggs in one basket or multiple baskets
I currently own one rental that is cash flow positive and am looking to purchase my second. I have about $70,000 in savings to play with and was originally looking to only invest part of that along with a loan to pur...
Jason Thomas
Do I understand the Roth IRA correctly? What am I missing?
I'm exploring my options to roll over a 401k from an old employer and want to make sure I am understanding the basics here. I realize that I'll need more specific and detailed advice from my own advisor, but the exper...