Hey all,So here is my situation, I'm 25 years old, married with a baby. I currently earn just under $50k/year and will be getting about $35k in a couple of months if this flip sells for our goal price. This is my firs...
Can I 1031 exchange into a property that I already own?
Ex: I have a 4-plex and a 32-plex. I then sell the 4-plex... can I 1031 the gains and equity of the 4-plex into the 32-plex that I already own?
Also, can it be...
Can a second home be rolled into an investment home property either using 1031 or if there is a tax shield like primary homes? This second home has only been owned for a little over a year and has gained some equity. ...
Hey all - first time poster, long time listener. I would like to expand my portfolio but I have a hesitant partner so I am working on doing this slowly. I own a rental home, a personal residence that I turned into a r...
Hey guys,Just a quick question, How do I roll in the rehab costs of a BRRRR project using the BRRRR TOOL???Thanks
First off, I have already contacted my CPA and am waiting to hear back, but thought I'd ask this crowd to see if there is anything to add-My group plans to sell off some rental properties over the next few years - the...
My wife and I found a home we want to purchase in Mesa, Arizona. We are approved for a 1.2 million dollar loan. However, the house we want to purchase is only 611k. It is a new construction home that was completed two...
I need to close my retirement account ( similar to 401k here ) in a foreign country. can I roll them into a 401k rollover account to postpone income tax?
Sellers agent is pricing the rental property as potential market value rents. The actual Rent currently at the property is below market value. Should that be a ground for me to offer below asking price? Thank you
I'm under contract on an existing single family in Billings, Montana. I already own an existing multiplex here in Billings (and apparently that property is like finding unicorn farts). My question is, if I wanted to f...