I purchased my house as a primary residence back in July 2017, lived there for just over two years (until Sep 2019), then moved out due to military re-assignment. I then rented the house out for slightly over one year...
I see there are many experts here and I would really appreciate some feedback. I have a situation. My husband and I just started life together after our first marriage. Starting life all over again with financial chal...
Hi,
This may be a silly question, but I was told by a couple people that not all the money you invest in a house flip can be deducted.
ie. I'm finishing up a house flip and have done a full gut on the project. Would...
Hi all,My brother @Aaron Smith is planning on 1031'ing proceeds from his 4 unit into a 4 unit renovation project in Washington DC. Two quick questions for all you 1031 experts:1.) Can he 1031 into an LLC? (meaning can...
I am planning to do a 1031 exchange with a property that is held in my wife's name. I need to transfer it to my own name as the new (target) property in the 1031 exchange would need to be on my name as it will be cont...
Hello BP, I have a question about renting to an LLC. I have a property with two units and have a couple that is interested in renting the front unit under their name to live in. They also want to rent out the back sma...
About how much would it cost to have a cost segregation on a townhome? I've see anywhere from $5,000 to $15,000. Who conductus the study?We just switched to a new CPA that assured us he has "several" clients with inve...
Are you ready to jump into real estate investing, but don’t believe you can find deals in today’s hot market? In this episode, we sit down with multifamily expert Andrew Cushman, who’s actively doing deals in today’s ...
Jason Lewis from Parcl states, “In the absence of trustworthy up to date information, real estate decisions are increasingly being driven by fear, uncertainty and doubt.”
Real estate decisions can be hugely conseq...
The time is finally here. I am ready to sell my primary residence, a duplex and purchase 5 or more units. I am considering doing a 1031 Exchange but I was wondering if all of my equity has to be used towards the new p...