Neil Smith
Deferring taxes on profits from sale of primary residence?
I have a potential client who owns a home in Boulder that is their primary residence and it worth ~$1.3M and they have >$500K of equity in the property. They're wondering if they sell and put all of the proceeds of...
Raj Saxena
Sale of Rental Office Building- Depreciation Recapture&Cap Gains
Sale of Rental Office Building -want to eyeball these calculations -We are retired now, & our annual taxable income is 50k from the rental building & another 75 k from Investment Portfolio (Dividends + Cap gai...
Murphy Frankhouser
Qualified Opportunity Zones
Do you invest in these Qualified Opportunity Zones (which can potentially be rough areas) for the tax deferral and appreciation benefits if the cash flow is not as good as another area?
I'm on the fence if this is a ...
Marcus Brown
Does the primary residence tax exemption apply to mobile homes?
Let's say I buy land and put a mobile home on it and live there 2 years, then sell for a profit. If the mobile home is considered personal property would the profits be taxed?
Alex Hamilton
Required Credit Scores
Just got turned down by a mortgage Lender on a refinance I was trying to do. Said my Credit Score (Middle Score) was 619 and their underwriters needs was a 620 Score. I Checked my FICO and it was 640. Anybody know ...
Manuel Angeles
USA National Office Market Report as of January 15, 2024
Greetings,
Here is an update on the current National Commercial Office Real Estate Market in The United States of America:
The office sector's challenges continue to be pronounced, with increasing vacancies, heigh...
David Williams
Capital gains question
If I owe $350k mortgage and I take out $100,000 HELOC and spend it on say a 6 month CD,
And then I sell the house for $700k
I would only have $250k profit right? Then I’d avoid capital gains tax in Massachusetts?
Account Closed
Private Lenders needed for financing on Georgia propertie
Hello everyone,
I'm a newbie to this web site. I'm interested in finding a private lender that can assist me with the purchase of some residential properties and a couple apartment buildings in the Atlanta area...
Eric Phillips
Avoid capital gains/reinvest?
Greetings folks,I may be taking a job in the Spokane area which means my California home will be sold. I owe $220k and Im very sure that I could sell it for close to $600k. Im trying to figure out a way to avoid cap...
Ryan Watson
Deductable Expences
Is there a limit on the amount of expences a landlord can deduct from taxes per year? Such as replacing things that are coming up due, such as floors, siding, and windows?