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?

Hi folks,Does anyone have a cheat sheet (list) of activities that qualify for REPS? We just have one investment property today (looking to add two more this year).  Jason

The market sell off base only begun, I will call 1000-1200 Es who knows , we will will end up but loans are being canceled, this will be worse than 2007. If you are holding on not knowing what to do going to cash it a...

Hello,
First time poster and was hoping to get perspective or advice. I have one property currently and want to know if it’s worth the money and effort to transfer my condo to an LLC before buying a new property as m...

What’s a recommended book to read on LLCs for a beginner?

I'm selling some vacant land in the very near future (Next week) and I'm trying to figure out what to do with the money to not get hammered with taxes. It was something that was not on my radar....  I don't need to us...

We signed a lease-to-own contract for 60 months. At the end of the term, we are obligated to provide a $100,000 credit at closing toward the purchase price for the buyer/tenant. This credit amounts to $1,666 per month...

Hello all,
I am considering a rural, commercial tiny house development to be used exclusively for short-term rentals. I am mostly aware of the work that needs to be undertaken for any given area in terms of zoning, d...

So i am hearing from a CPA that because my wife and I make over 150k per year, that I cant really take advantage of tax losses from my rental property. I can carry them forward, but it doesn't reduce my actual gross i...

Hello to everyone here at Bigger Pockets Community -
I am a new member to Bigger Pockets. I am based out Whittier, CA. I recently began my real estate journey as an investor (Buy and Hold). With only 6 months into th...