Sean Wilkinson
8 Properties, 52 Units, OWNER FINANCED! My strategy
I wanted to make this post because creative financing has been such a powerful tool for me. Of our portfolio of 117 doors, currently 39 of those are seller financed while 13 are in the pipeline to close before year en...
Ronald H.
Taxes on inherited property
I inherited my Mom's home and the deed was passed to me one year ago this month. The home needs a lot, and I have been considering selling.
From what I am reading, I would have to wait until next June of 2015...
John Williams
HELP! Stuck on the refinance part of the BRRRR!
How do I best leverage the equity in my property to purchase another property? Here are the details upfront:Purchase price-$135kDown payment-25% ($33,750)Target ARV-$170kWhat is the best, most cost effective way to pu...
Julio Gonzalez
One of Real Estate's Best Kept Secrets
If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...
Ronald Thompson
Crowdfunding in Equity Investment - Tax Implications?
I am told that when investing in crowdfunding equity investments, you are issued a K1 document at the end of the year for taxes.What are the tax implications when investing with taxable money vs money from a SDIRA?Are...
Derp Gurp
Regarding depreciation and tax credits - Question
Hello everyone.I've been scouring the internet for a while and I can't seem to come by depreciation. What an accountant has told me is that depreciation can stack year over year if you have excess leftover. For exampl...
Joseph Shaggs
Opportunity Zone Questions
Hello All!Posting this to 1031 Exchanges because it seems most related, sorry if I messed that up!Based on what's been released about the Opportunity Zones program, I'm having trouble figuring out the following:1. It ...
Sean H.
Do i qualify for 0% capital gains tax?
Help me confirm my google search, so i can avoid the trouble of doing a 1031 before my property closes.
I have owned this house for more than a year, (i can't claim it as a primary residence, but i think that only ma...
Mark A. McElhannon
Tax liability when selling investment property
I have basic question that I'm still unclear on. I'm looking to sell my first SFH, which I've owned and rented for 17 years, for a profit. I'm unsure of the tax liability/taxable gain due after the sell. This will det...
Sarah Jones
Capital Gain
Im trying to do a subject to deal in california. The owner has a rental property. He is 2 months behind on his payment, he has been renting it out for more than 4 years. He owes $300k on it and the area comps for $300...