Hi everyone,
I am trying to figure out my best option for a house that was gifted to me while my parent was still alive. It was mentioned to me in a previous thread that I could pay 0% capital gains if my i...
I have an investment property currently with 20% equity, which I am owner-occupying in Portsmouth, NH. I am reaching the point that I will be moving to a new property which I have saved up enough cash for. I am stil...
I have some questions regarding the purchase of a personal residence, potentially via an LLC (state of CA). The following describes the scenario and goals (which are somewhat unique). The names and amounts are fiction...
Can someone help explain the new Opportunity zones in the US, how to find them and how they help the investors?
Thanks so much BP community, you all rock! I wish you all health and happiness during these times.
We are considering converting our 20+ year residence to rental but want to know IF or HOW we can convert it back to our residence in the future and preserve the capital gains exclusion. Does the length of residence ow...
If I have multiple investment properties and over the course of my time owning properties I realize that if I choose to re-sell the properties any profit I would make on the properties they would be subject to capital...
Real Estate is a part time business for me. My plan is to rehab and flip 4-5 homes per year. I have a full time job as an insurance agent where I am a partner in an S Corp. My paycheck puts me in the 30% tax bracke...
Hello, I need some help understanding the new tax laws. My client wants to sell his 5+ unit for $600K and buy a house w studio for his art business with proceeds. Right now he'd have to pay $120K in capital gains (20%...
Greetings! So here is a predicament that I'd like counsel on. My wife and I recently purchased a new primary residence. This has left us with the townhouse that we had prior to our marriage. My question is should I ho...
I am looking to finance my next deal, but don't know which option I should go for...refinance, 1031, HELOC, etcI have a 2 family rental property, purchased for 280k a few years ago current valuation is 610k. Net month...