Can a seller, that owns a property outright, seller finance a property, and still get the tax benefit of a 1031 exchange?
When calculating IRR should I account for equity accrual? Or do I only account for initial cash outflow and cash flows without principle pay down and appreciation?
Hey Everyone,So I have a few private money investors that want to be part of my deals. We are going to structure the deal where they loan the money and get interest until the sale or refinance.We want to hold the mon...
Anyone have insight into these Opportunity Zones and Qualified Opportunity Funds? I’m more specifically interested in the Akron, OH market but I’m guessing all of the “Opportunity Zones” across the country provide the...
Hi,I am curious if most BP members here with properties claim CCA during tax time. There seems to be two camps where:Take it : $1 save today is more valuable that $1 in the future, even with the recapture when sellin...
We have successfully made a deal on an REO home, but have some questions on a 1031 exchange for it. The idea is to take the home (purchased for $50k), put $15-20k into it and sell it for up to $100k. 1) The purchase...
I’m closing on the sale of a duplex on Friday, and I’m trying to figure out how much I will need to set aside for capital gains taxes. How do I figure out my cost basis? What expenses raise my cost basis? For example ...
Have a contact that has owned a six-plex for over a decade through a 1031and he has already written off $270K in depreciation so deferred taxesis the primary challenge in forming a LLC assuming that transferringthe si...
Question to Chicago property investors.. what is considered a decent Rental Return percentage for the north side of Chicago?
I have a house that has quit a bit of equity that I'm looking to sell. In the past I have sold a lot of my homes with owner carry. I'm considering doing a flat fee listing. I'm fine to cash out of the the property or...