I've found so much contradicting information online and through the hired professionals that handle my taxes. I am hoping that someone here can provide a more reliable answer. I have a well-funded defined benefit pens...
Hello Bigger Pockets Friends! Looking for guidance on two questions related to single family detached rentals. 1.) If I sell a rental that I acquired using 100% qualified retirement money from a Solo 401(k) and immed...
Looking for some information on Qualified Opportunity Zone Funds. Has anyone used one to "store" some excess capital gains to defer Taxes? Some background I am retired and sold down some of my highly appreciated rent...
My husband and I are selling our triplex here in Long Beach, CA. We purchased it in September 2016 and have a significant amount of equity that we will use to purchase properties with cash out of state. We lived in ...
We have an old rental house that is not generating the Cap I'd like. I think that if I rehabbed the property new kitchen, landscaping etc, it could sell for a lot because the area is highly desired. Would it make se...
Ran into a partial exchange situation, I am selling a condo at price of 400K, the profit is only 20K however the depreciation is super high since I have been renting it for 7 years. so I have to pay high tax for it. M...
I'm going to sell one of my rental properties and offer seller financing with a 30-year mortgage term. Let's say the buyer pays off the balance in five years. Is there a financial vehicle where I can park that money a...
Had a discussion with other investors today about 1031 and thought I run it here for opinions. John is an investor in my group.4 years ago, John did a 1031 exchange from a SFR into a MF and took on $1MM debt on a $1.5...
Hello All, I came across Opportunity Zone topic while chatting with someone and wanted your thoughts on it. Here is my situation, I am selling a (Multifamily) property in Ohio to bring my next investment(Multifamily a...
Has anyone heard of these or done one? I am selling my business and am looking at doing one of these to potentially defer taxes for 30 years. Any feedback would be appreciated!