I have a family member that wants to get into house flipping as well. I'm thinking about loaning him the money for the first flip. Some key criteria are:-I want to purchase the house in my name.-The taxes will be paid...

Hello everybody, I currently have a SFH rental property in Washington State with about $250K in equity.  I am wanting to sell this property to pay off my current personal residence.  I understand capital gains tax wil...

Hi,  I’m looking for strategies to minimize capital gains on sale of partnership interest.  The partnership has been a long term entity holding land.  I understand 1031 is not an option.  Spreading the sale over multi...

Calculating Tax Cost Basis Question: I would like to use the amount that my property deed was recorded for at the courthouse recorders office as my tax cost basis instead of my closing HUD statement amount. Can I use ...

I was told by a lady working at the courthouse today that it is illegal to use the information for self gain.  She did not even ask what my purpose was except that I can look up the probates by last name in the databa...

Hi guys, was wondering if there are any issues switching over a primary residence to a rental. I currently own a place and am looking to switch it over to rental, and buy a new primary. Does this void the mortgage?...

Hello all,

If a brother and sister were deeded a home after the passing of their father, and the sister now wishes to buy out the brother (who has occupied the home for over 2 years), what is the process?
Both partie...

Hi everyone,There's an apartment building that fits my value-add criteria in my hometown, and I know the owner. He says he doesn't want to sell because capital gains tax will get him... I'm assuming he's leveraged th...

I'm selling a rental I've had for several years now and will profit over $200,000.  In addition I have some cheap private money allowing to make a purchase in the realm of $500,000 cash. 
My plan is to sell this prop...

We are entertaining the idea of purchasing my fiancee's grandmother's home in Mountain View, CA. This house is in a PRIME location, walking distance to google. COMPS are going for 1.2-1.4 mil ARV. We want to present t...