Daniel Montano
How can I avoid/reduce capital gains on sale of rental property
Hi, I am curious on what can be done to avoid/reduce capital gains tax on a property I sold. I know I could have done a 1031 exchange prior to selling but we did not plan to continue investing in real estate, we wante...
Garrett Nuzzo
Mobile, Alabama Out Of State Investor
Was hoping to connect with and gain some insight from investors in the Mobile area. My main concerns are investing in Mobile (fix and flip and long term hold) from California. Insight into finding contractors, labor c...
John T.
CG tax on selling for same purchase price?
Are there any capital gains taxes (or any taxes) for selling a property at the same price at which it was originally purchased? My common sense says no, but I could be wrong. Any insight is greatly appreciated.
Alex Freelove
Section 121 Capital Gains Exclusion
Tax related question on the Capital Gains Exclusion.- I purchased my first primary home in Feb ‘17.- I lived in the house until July ‘19 (total 2yrs 5months)- It has been a Rental from July ‘19 to now. - Roughly $250k...
Scott Smith
Dealer or Investor? Capital gains for opportunity zones
Hi,I have a question that boils down to whether I would be classified as a "dealer" or "investor" in the eyes of the IRS... I am looking for insight from some one with experience on this (real estate tax adviser, CPA...
Cindy Tang
Can Depreciation be adjusted if it's not limited in prior taxes?
I have 2 rental properties, Texas and Georgia. I sold one in GA in 2018 (which we purchased in 2007) and didn't do 1031 Exch. Now, the depreciation hit me back as gain when doing the tax report. However, I reviewed th...
Ryan Ross
Best options starting out
I am completely new to real estate, however, highly motivated to create new connections (mentor) in finding my niche and eventually learning more. I will be PCS (moving) to San Diego, CA sometime late November early D...
Rod Navarro
Looking to House Hack with a Quad in Orlando, FL or 2hr drive radius
Hey guys! I started in Real Estate last year with Tax Deeds and flipped a couple parcels for profit, then as I researched more, found and fell in love with House Hacking, specifically with small multifamily, as a mean...
Diem Tran
Your thoughts about MF investing out of state
I'm working up the nerve to invest in a 60+ MF in Arizona. CAP is about 9% ( with property management) which sounds pretty good compared to 6% in Miami, where I live. I have next to zero experience in MF properties ...
Anna Reamey
Security Deposit Changes
I recently had a tenant who I wanted to move out about 2 weeks prior to the lease termination date. To do this I would take the apartment as-is and would only be checking the apartment for cleanliness. She would mov...