Hello,By end of 2018, I would have owned my Second home for 5 years and have stayed in it for 2 years as Primary Residence out of the last 5 years. I am looking to convert that into full time rental property and also ...
I am planning on selling my investment property, however, I absolutely need to invest the proceeds. I would also like pay off debt in the process as well. What is the best route to take? 1031 exchange? Or take the pr...
I am about to sell my business and make a substantial amount of income from it. Does anyone have any experience with getting REPS status and immediately investing the money in real estate from the sale proceeds to avo...
Just closing Cashout Refinance on my primary home. How do I legally avoid taxes?
Okay so I'm familiar with the withholding tax here in California. If your'e a individual doing a fix and flip you would have to withhold 12.3% of the net proceeds you make from the flip. Now you don't have to do that ...
Hello,
My wife and I would like to move (not forced due to job) out of our condo that we have only lived in for 1 year. Do you know of any way that we can avoid capital gains tax without having lived in it f...
Hello
As you would have guessed by the subject, I am not a US citizen. I would like to invest in the RE sector of the US economy but all the research that I have read on the internet points to foreigners payi...
Hi, I want to buy a Duplex/Triplex rental property. I have to make down payment at least 20% to avoid PMI 30 Years Fixed Loan. I am retired. How can I save Income Tax for withdrawal of funds for Down payment. Need hel...
My wife and I are wanting to sell our first rental. We bought it 5 years ago (October 2015) and lived in it the first 2 1/2 years. Can anybody help me with our capital gains tax situation? As I understand it we can re...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $85,000
Cash invested: $4,000
Sale price: $176,000
Short sale. Live-in Flip. Held for 2 years to avoid capital ...