I am selling a triplex in Berkeley, CA and looking for ideas to avoid tax gain through 1031 exchange. Given how rough the multi-family market is in the Bay Area I am not ready to invest my proceeds into another buildi...
Hi Everyone - here's the facts, can someone help me understand if I am going to run into any issues or if this will work and I should pursue?
I have three rental properties I am interested in selling and buying raw ...
Has anybody invested in an opportunity zone or can tell me more about it? I’m under contract for a small duplex in an opportunity zone. My understanding is that you can sell assets and defer capital gaines taxes in an...
I found a small commercial building where the owner is wlling to sell and carry the note back on the building. Seems advantageous for me so I can avoid bank hassle and small out of pocket. Questions:1. What pitfalls...
Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...
Okay I have been listening to the podcast and quite of few people say Rich Dad Poor Dad is there favorite read, Now I had this book for years tried to read it but never got into it, But for some reason yesterday I...
If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...
Looking for retirement planning options. Employer 401k is not an option. My income is W2 income and the passive income from investing via rentals owned in a one member LLC with no employees. Roth IRA is not an option....
I purchased a property @ $210,000 and after it's said and done, could probably sell for just under $400K w/$25K in fix up costs. The problem is, if it is sold in less than a year, I get hit hard with taxes. I know i...
I have a rental townhouse that we wish to sell when the current lease is up, in about a year. We owe around $100k and its valued at roughly $185k.My question is how will I be taxed due to the capital gain if I do a c...