Maria Bocanegra
Are servicemen subject to tax consequence on sale of rental
Hi
Are service members/vets subject to gains tax where they purchased home with VA loan then rented it out for more than 2 out of the last 5 years?
Thx!
M
Richard Pina
Help with next FHA or VA loan
Good morning, I’m starting my Journey and may have ran into an issue. I purchased my first single family in 2019 with an FHA loan and i am ready to purchase my first multi family. I am currently working with the bank ...
Steven Lopez
house flipping question
Found my 1st flip. Its pre foreclosure. I am concerned on the taxes I will have to pay on the flip. expecting to profit 100,000.Any help on a strategy to lessen my tax burden would greatly be appreciated.Thanks Steve
Juan Ayala
1031 Exchange-FL Sale Invest Property to TX Invest Property
BP Family,Seeking some unofficial advice and definitely plan on validating with a CPA before execution. I have a property in Florida that i am trying to avoid paying CGT on. I would like to do a 1031 exchange and purc...
Brian Campbell
Sandwich Lease Option Objections
I'm not sure how to respond to potentials sellers when talking w/ them about how I can help them w/ a lease option when they ask if they will be able to get another loan to buy a different property? Obviously, the cur...
Jake Andronico
Tax benefits - 1031 Exchange OR Section 121 exclusion on the same property...?
Accountants, CPA's and 1031 Exchange experts - this one's for you. I was discussing a scenario with my RE partner where a property could be considered a Primary Residence AND an Investment Property, which could potent...
Steve Franco
CCIM certification question
Hello,I was just wondering if anyone has their CCIM. I'd love to get into the commercial side of things and then recently heard the discussion on CCIM. I looked into it and it's definitely expensive and time consumi...
Allan R.
Apartment complex and 1031 exchange?
Are you able to use the capital gains tax break when selling a triplex and using the money to purchase an apartment complex with 20 plus units?
Brian Greenway
Long term hold - 1031 exchange.......or is this a FLIP?
I have a sfh that I've owned for over 3 years. It has never been rented out. But that was the original intent at the time of the purchase. Then life happened. Property was sitting on sideline. 3 years have passed - t...
Abdul Rauf M.
Foreign Qualify for tax liens purchase
Hello all,I tried asking this in another part of the forum but perhaps it is not the right place to post it.If i am buying tax lien certificates in many different states using a business entity, do I have to foreign q...