I have a duplex that I'm weighing putting on the market in the coming months. When I purchased the property it was through an IRS auction & I am wondering if anyone has any insight on if the back taxes that I pai...
Trying to decide if now is the time to sell?
I currently own a single family house in Rochester, NH that is coming up on the end of its 12 month lease (end of November). I thought I was going to hold it for quite s...
Hi All!I am at the early stages of my investing career and was hoping to gain some insight here from my fellow like minded peers. I am based in NY but looking to invest in long term rentals in other states. Would love...
I've been following a lot of the boards talking about the mobile home niche of REI, and am gearing up for my first deal this spring. One area I haven't seen a lot of discussion around relates to how the sales of these...
Good evening, I have three properties in Honolulu, HI and am looking to sell two in the next 12 months. My understanding is that if you live in a property for two of the last five years you are protected against cap...
It looks like "flips" in a SDIRA are subject to UBIT. But rental income is not subject to UBIT. What about gains on the sale of rental property? From http://www.nuwireinvestor.com/howtos/how-to-keep-your-self-directed...
Hello..Last year I sold a property and did not find another property to roll the earnings into within the time period. I was told that I could roll the earnings over into an IRA to avoid paying the capital gains tax. ...
Hello all - Here is my plan. - Sell property A and roll proceeds into a 1031- Buy property B- Rent property B for two years - Owner move in into property B after two years- Live in property B for at least 8 years- Pot...
A Question On 1031 Exchanges for the 1031 Experts on the Forum.
BACKGROUND:
Sold Investment property in 2016 netting around $225,000. Money deposited with 1031 Exchanger. Bought 2 properties with 1031 proceeds. Paid...
Hello All,I just got back my K1 from the accountant on a property that I purchased in 3/2013, rented out and then sold in 6/2014. The K1 has all of the profit listed on line 1 as ordinary business income and does not...