Busayo Ogunsanya
Opportunity Zone - For Real Estate Investors
The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide....
Kenny Tan
Year-end strategy to lower taxes for landlords
I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...
Gabriel Stephens
Capital gains question from a newbie
Me and a business partner who are looking to purchase a lot and then build a home on it are curious about capital gains . We will be wanting to have the home sold prior to it being finished. Are there ways to minimize...
Tobey Humphries
Taxes after selling a rental property
Team BB,How much money should I hold onto from the sale to prepare for tax time? I had a tax question I was hoping you could answer about a rental that I've recently sold (did not do a 1031). There's three places I'...
Ben Sears
Strategy at End of 27.5 Year Depreciation
I was having a conversation with a partner on some of his SFR properties in regard to depreciation strategy. He owns three SFR with a monthly cash flow of ~$2600. Two of the properties are paid off and one has a mortg...
Alexandra Torchigina
Seller Financing a Property Bought Through 1031
If you sell House A and roll the gains over into House B, then sell House B and roll the gains from House A and House B into House C, are you able to seller finance House C? What would happen to the gains from House A...
Rashad Jones Jennings
What is the Capital Gains Tax Rate right now?
I am working with an older investor who is trying to off load a Commercial building and wants to know what the Capital Gains taxes are before he commits to sell. I've been on google to search but I am coming up with d...
Jim Goebel
Opportunity Zones Research
Greetings all. After seeing 'Opportunity Zones' mentioned in a news article last week, I have it on my to-do list to research the landscape for these. I will be updating this thread as I learn relevant items. Pleas...
Zach Johnson
Selling a SFH Househack and the 2-Out-Of-5 Year Rule
Greetings all,As you know, the 2-Out-Of-5 year rule says: you must have lived in your home for a minimum of two out of the last five years before the date of sale in order to take an exclusion from capital gains upon ...
Matthew Curley
Stock market funds to rental property investment
Does anyone know if you can pull money out of the stock market to buy a real estate investment property and avoid capital gains taxes, similar to a 1031 exchange?