Justin Skinner
Trying to understand tax situation, would love perspective
Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here. Some final facts I need to make a decision are the tax implications, any help...
Daniel Smith
Schedule E - Where to put shared expenses?
Where do you put your "shared" expenses on a Schedule E? I have four rental properties, and there are some costs shared between them. For instance, an umbrella insurance policy, supplies, PO box rental expenses, trave...
Buddy Holmes
1031 Property exit strategy
We had a 1031 exchange property which was a new construction rental for about 14 months, then we used as a residence for two years. We sold it at just under 4 years with the idea of a residence sale after living in it...
Brad Wood
Live-in duplex depreciation schedule
Grateful for some guidance BP community--
My first property is a row house with an English basement rental unit, that has its own certificate of occupancy and is registered with the State and has a tax ID. Given that...
Stacey Schwartz
Depreciation value for rental in owner occupied 2 family
I'm new to this. Bought 1st home as a 2 family fixer upper last year. Taxes are in progress but I am stumped on factoring depreciation value on the rental property. How is the depreciated value calculated for an owner...
Solomon Rosenberg
Tax on passive re investments
Can someone clarify, As an LP in a mf syndication where can one save on taxes and what can I expect to pay?Here is an example, If I invested 100k into a mf syndication, Property sells in year 3 with a profit of 100k,I...
Willis Chur
Suggestions for the best way to allocate a $500K cash inheritance
This will be a bit unorthodox compared to a number of the other posts I have seen on BP. I have personally been investing in real estate sporadically over the last 5 years with a small amount of success (about 10 doo...
Mike Schneider
Allocation of share in a JV BRRR when partners bring unequal $$$
Closing on a property in a few weeks (my first ever). I can either complete the transaction in my name or assign it to a corp upon closing. I'd like to do the project as a JV or toher type of partnership in some way s...
Bruce Runn
Money allocation in excess of bank's bid in a foreclosure auction
Does the owner of a property get the excess amount over the banks bid in a foreclosure auction? When do they get it? I'm helping someone who was foreclosed who cant afford to redeem but the winning bid was quite a b...
Cole Holloway
Real Estate vs. Stock Investing: How Do I Allocate My Capital?
Hey everyone. I just wanted to see what sort of response I could get to this question as it's something that's confused me for a little while now. Thank you in advance for all of your responses! Sorry if I come across...