Idan Narotzki
Eviction implications for tenants?
Hi All!I've just bought my first SFH rental in KS, MO. There is some chance that I'll need to start the eviction process. So, I wondered, what are the implications of eviction for the tenants? Is this something that ...
Kody King
Tax Implications of Deal
Here is the deal:
Father in law is selling me a rental property that he has owned for 25 years. I think he originally purchased the home for 35K. The home recently flooded and lost a significant amount of value whil...
Steven Skarupa
Tax implications with rehab
Our primary resident is a bit of a dog. We bought in 2007 and it wasn't until just a couple years ago that we emerged from being underwater. I'm about to jump into REI looking to at using BRRRR and/or classic buy a...
Ken Badziak
recharacterizing ira tax implications
Perhaps a CPA here can answer this question; I asked mine, and he didn't know as I was the first to pose this question to him. He offered to research it, but that costs me money that I don't have now...Earlier this ye...
Travis Buchanan
Personal Loan Repayment - Implications
I am finishing up the rehab on a property, and in order to do this, I took a signature loan to acquire the last bit of capital needed.I transferred the full amount of the loan into my business checking, and setup auto...
Victor Medina
Mortgage type tax implications
Are there any differences in tax implications for various mortgage types? For example, if I have a primary/second home mortgage on a property that I turn to a rental property years down the line would there be any dif...
Akshar Patel
Tax implication of sale
Hi everyone,Newb RE investor here. Had a quick question about the tax implication of a recent sale.So I had purchased a single family home in Aug 2015 for 370K. We lived in it until end of March 2017 (20 months in tot...
Ben G.
Private Investor Tax Implications
I have an investor who has offered to give me 15% of net profit after a deal closes if I fund the purchase.What would my tax implications be if say I funded a $20,000 purchase and the sell ended up netting him $10,000...
Joe Wall
HELOC and Tax Implications
I currently do not owe a house, but my parents have thought about doing a HELOC (home equity line of credit) to help me buy a side-by-side duplex. I am wondering about all the details for a HELOC. I was told it can ...
Everett Baker
Refinace Money tax implication
I am planning to refinance my rental properties which are free and clear.
Planning to take out $1mil
Are there any tax implications on this money after the refinance ?
Do i have to invest this money or keep in my ...