I'm probably out of luck here, but I'll ask anyway. On October 4, 2017, I sold $75,000 of stock ($11,500 capital gains) to invest in two local properties. When the Tax Cuts and Jobs Act identified Qualified Opportun...
Hi Folks,I am investigating an opportunity to purchase from another investor. I am wondering if there is anything at all that I can do as the buyer, to help lower the capital gains (or other) tax burden on the seller?...
Currently freshman at University of Florida, majoring in finance, minor in real estate. 3.91 GPA so far. (#7 real estate program according to usnews) Very interested in acquiring rental properties that maintains a pas...
Hey everybody I have a duplex that I bought in 2016 and lived in for 2 years before moving out and renting both units. I bought it at $266k and it’s worth over $400k now. My goal is to partner with somebody who has co...
I am in process of putting together an offer for a multi unit property in the seacoast area of NH. I currently own 1/2 the building and another party owns the other 1/2 which I am looking to acquire. I would like to...
Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...
My wife and I own a couple of properties in Los Angeles (1 single family, 1 4-plex). After many, many discussions, we've decided to use our resources and move forward in expanding our long term portfolio and purcha...
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
Hi All, I'm trying to understand what the tax implications are for selling an owner/seller financed note.
Here is an example of my situation: I acquired a 1 acre parcel for $15K. I spent another $5K in clean up, mow...
Hi, I am a newbie, my father wants to give me his house, it’s paid off. What’s the best way to acquire it legally? Someone once said he can sell it to me for a dollar to transfer the title. Jumping on here for adv...