Mike Shah
Taxation of Pref Equity
I've been looking at a few pref equity deals and it seems like they are all promising different taxation. Some have told me that they get taxed at lower capital gains tax rates, while others have said you get a 1099-D...
Gabriella Ballas
Why Invest in Winston-Salem, NC?
What makes Winston-Salem, NC Appealing to Investors? Winston-Salem is a small city located in the Piedmont region with an estimated population of 253k and a Metro estimate of 695k. You may also know Winston-Salem for ...
Vince DeCrow
Lining Your Pockets with Tax Reform
Tax reform is here and there is plenty of discussion going on about it. What is everyone's best strategy to capitalize on the tax rule changes as they relate to real estate?Mine is to invest in multi-family real estat...
Account Closed
Tax on Gain from Sale of Real Estate
Looking to purchase a lot and build 2 or 3 spec homes in the Houston area. I'm wanting to understand the tax situation if the property is purchased, the homes are built and the first home on the lot is sold over one y...
Jasmine Wilkes
Acquiring
I have this landlord who is considering selling his home, it is free and clear, plus a cash flow of 1200 a month. he say he will move for 145k, and I said if I can get somewhat close to that would you consider? he sai...
Rebecca Raskind
Successful Palm-Springs inspired flip in Ladera Heights
Investment Info:
Single-family residence fix & flip investment in Los Angeles.
Purchase price: $1,040,000
Cash invested: $350,000
Sale price: $1,940,000
Contributors:
Samira Mahjoub...
Josh Faller
First flip and fix, still may fix and hold
Investment Info:
Single-family residence fix & flip investment in Kansas City.
Purchase price: $50,000
Cash invested: $3,000
Sale price: $50,000
ARV of $125k-$130k
Rehab costs of $25k
...
Aaron S.
Co-Ownership and Taxes: Who gets to claim mortgage interest, depreciation etc?
In 2022 I bought a single family home with a VA loan. I house hacked with my partner paying half of the monthly expenses. We also had 2 roommates and we split the rental income from them every month.After a couple of ...
Travis Elliott
CAN SOMEONE TELL ME THE DIFFERENCE BETWEEN SELLING IN ONE YEAR OR WAITING
I was wondering what the tax difference is between selling a home before owning it for one year or after owning it for a year.. Is there a set tax percentage rate for both?
Leigh Ann Smith
How do you project Texas property tax increases?
I'm looking at a property that would cost about $75K and needs about $30K of repairs for an ARV of $125K. The tax rate is about 2.9%. Most recent tax appraisal is $92K. Year 1, I should be able to appeal based on t...