Jason Mak
Finishing up a condo development
Wanted to check in with BP and see if anyone had any experience with selling condos and any advice how on to be tax efficient.I'm currently constructing a 37 unit condo project and plan to sell the condos individually...
Alyssa Magyar
Tax rules when selling a primary residence turned into rental
I bought a home in 2021 and lived in it for 2 years. After the 2 years i moved and turned it into a long term rental. If I were to sell the home within 5 years, is the gain on the home still tax free? Or does it not a...
Mark Barnes
REI Tax Advantages Clarifications
I have read and listened to numerous discussions about the tax advantages in the world of real estate investing, but I have two questions that I haven't gotten a great answer to. Maybe some more experienced investors ...
Craig Herring
Tax benefits of Land contract/Seller Financing
Hi everyone! I’m trying to become more verse in seller financing/land contracts and have a few questions on the benefits for the seller. I know seller financing is attractive for sellers for the fact that instead of ...
Pandu Chimata
Depreciation and large taxable income
Hello everyone !I heard that we can/should claim depreciation (if available) on the rental/business properties every year. Obviously, this will help paying less or no taxes at that time.However, when you sell the hous...
Bryson Miller
Active Duty Military - Rent/Sell? Brandon FL
Good Evening,
I am looking at getting some rent/sell insight on my current property in Brandon Florida now that I have received orders to South Carolina. A little information on the property, it is a 2 bed 2.5 bat...
Helen Zhang
Forced to Sell with 1031 exchange?
I'm not sure if anyone else has encountered this issue... but I felt like I am almost at the point where I am forced to sell my investment property because of the recent changes in 1031 exchange where tax deferral is ...
Toks Fifo
Rental property taxes vs. stock taxes
I'm confused about the tax advantages of rental properties as compared to stocks. For the following, assume I buy an SFR with 20% down, rent it out, and sell after 30 years.
I'm taxed on the "profit" (I'm not yet sur...
Matthew Pipkin
Does Captial Gains Tax prevent sellers from wanting to use seller financing?
Thank you to everyone who takes the time to read these posts and share their experience.
My question is what would motivate a seller to use seller financing to sell their primary residence using seller financ...
Jackson Long
"Tax benefits" explain?
Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?