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Results (10000)
David Chance Selling my rentals - Tax ramifications
21 August 2024 | 18 replies

Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I underst...

Ye Tun Aung Attorney or CPA for forming LLC
20 August 2024 | 10 replies

Who should I use for forming LLC? Attorney or CPA?Any recommended Attorney or CPA around Los Angeles area? Thanks,

Account Closed New member looking for some clarity
3 May 2019 | 13 replies

Hey everyone,My name is Travis and I'm looking into my real estate possibilities. I've always had good success in buying things at a good price and selling them for a profit (even boats somehow haha) and I've become p...

Account Closed Do I need a CPA? ANSWER INSIDE
16 February 2024 | 15 replies

As your income and real estate portfolio grow, reaching the $150,000 marks in my opinion the beginning of your financial journey into real estate. It's at this juncture where you likely have around 20-40k saved up, an...

Alex R. Confusion about foreclosed properties VS REO properties!
20 February 2013 | 12 replies

There are some websites that list properties for sale as Foreclosure.

Meanwhile I read that:

Foreclosures are NOT sold by Realtors. Foreclosure properties are auctioned at a Trustee Sale at the Court House in the ...

Benjamin A Ersing Avoid 401k, go for real estate?
9 July 2020 | 4 replies

Anyone cash out and /or stop contributing to a 401k in order to buy more properties? Curious how it went?

Ed Dunbar ADU being taxed as a commercial sale?
8 March 2023 | 2 replies

Hello!We sold our home after living there for over 5 years. The home had an ADU which we used as a home office. We sold in 2022, and our accountant is saying that we somehow owe taxes on a portion of the proceeds as t...

Ben Pepin Saving for First Investment Property
25 March 2021 | 3 replies

I am 18 and will be joining the navy in June. I am planning on saving as much as I can during my 4 year enlistment. I want to save enough so that I can buy a duplex or triplex to house hack when I get out. My question...

Marcus Gaethke Sell for $80k or rent for 1k
3 May 2023 | 7 replies

My current residence has a mortgage that costs ~1,100 per month, I can rent the property for a minimum of 2,000 possibly 2,200.  Should I rent this out and get a new property or should I sell and cash out ~80-90k?

Solomon Rosenberg Tax on passive re investments
9 October 2023 | 6 replies

Can someone clarify, As an LP in a mf syndication where can one save on taxes and what can I expect to pay?Here is an example, If I invested 100k into a mf syndication, Property sells in year 3 with a profit of 100k,I...