Zachary Cuneo
Capital Gains on Live-In Duplex
Hey everyone,So I can't seem to get a straight answer on this, so I hope knowledge here will help to answer this question. I owned a Duplex from May 2015 until December 2017. I moved in on July 15, 2015, for a total o...
Nick S.
Investing in Congress Heights DC for Owner Occupied MULTIFAMILY?
Hi Bigger Pockets Community,I hope everyone is well. I have a quick question for my DC investors/realtors/lenders:I'm interested in multifamilies in Congress Heights and I think I've found a winner number-wise. Only i...
Account Closed
Joint venture v.s syndicated
Can someone please explain the difference between a syndicated and a joint venture
Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
Found this site looking for a JD or CPA (or JD/CPA) to answer one question. Sole manager for these (small, < 2.5M in investor funds max) syndications has been convinced by his CPA that the only IRS-compliant metho...
Suneel P.
What is the Property tax on rented properties in Texas?
I am planning to buy a single-family house in Austin, Texas or surrounding cities and rent it out. I learnt that property taxes for owner-occupied homes are different from that of rented Properties. What would be the ...
Charles Kingery
Wholesales & Sales Tax
Hi All !I recently read a post made a few years ago regarding property taxes and wholesale deals. I'm interested in getting into wholesale deals. I plan on doing my first deal in my name, then using the funds from tha...
Mike Hanson
How long to wait to get another Capital Gains Tax Exclusion?
We bought our previous home in April 2013, lived in it until April 2015, then sold it recently in May 2016, which qualified us for Capital Gains Tax Exclusion.We bought our current home in October 2014, lived in it si...
Trevor Emmett
Can non-accredited family/friend invest in a syndication?
Hello Everyone!I have a life long friend that is building a 54 unit apartment complex and is offering preferred shares. Myself and some of his family want to invest but we are not accredited investors. I have heard th...
Justin Baroy
Capital gains tax on primary residence
I am planning to sell my primary residence I purchased on December 2020. Am I exempt from capital gains tax since I have been living in the house for more than 2 years consecutively or do I have to also own the home f...
Kenny Wolfenberger
Commingling Funds - is it legal?
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...