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Realtor.com®: Now is the Time to BuyDaily Real Estate News | Thursday, May 28, 2015 Purchasing a home right now could help potential buyers save more than $200,000 over the next 30 years, according to th...
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I am a retired 63-year-old military veteran considering giving a rental property to my only son, a 22-year-old senior in college. The rental home in San Antonio, TX is completely paid for and has a market value of abo...
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I am considering my first real estate investment and need guidance!I live in a 4 bed 3 bath newly renovated condo in the lakewoods village area of white bear lake mn. I am trying to decide if i should rent or sell my ...
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Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...
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I’m currently searching for potential fix and flip properties to gain experience, knowledge, and additional capital in the Waco area and plan to eventually buy rentals. I’m looking for advice and/or peers particularly...
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Dear friends,
I have been a part of this community for many years, and it's thanks to your support that I gained the confidence to purchase my first house exactly two years ago (on October 1st). Now, I'm facing a dec...
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I've been told by my real estate agent (and confirmed through my own due diligence) that if you sell your house after 2 years, and before 5 years, you're not required to pay capital gains tax. I've owned my house for ...
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Hello all!I have a tax question regarding the Section 121 2 year capital gains exclusion for primary residence...The property in question is originally 3 subdivision lots. Wanting to re-divide the property and sell of...
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Hello,I reside in California. Just over a year ago I bought 3 properties in Bossier City, Louisiana. I then put them in a Louisiana LLC. I would like to sell one of the properties and I’m wondering if it’s better to d...
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I currently hold a few rental properties in my personal name. In 2020 I’m starting my LLC for purchasing additional rentals and would like to transfer my current rentals into the LLC too.
When I transfer/sell my cur...