Ashish Acharya
No Capital Gain Tax in Colorado
Qualifying taxpayers can claim a subtraction on their Colorado income tax returns for certain qualifying capital gains included in their federal taxable income. The subtraction is allowed only for capital gains earned...
Henley H.
Tax implications if a 1031 exchange becomes primary residence?
I am looking at selling and investment property and would like to do a 1031 exchange. Their is a possibility that the new property I purchase for the 1031 exchange will eventually become my primary, owner occupied re...
Alexander Thomas
Redemption and preservation costs
Greetings everyone, I am a new tax lien investor in Alabama. I recently purchased a portfolio of tax deed properties prior to 2018. One of the properties has a lienholder looking to redeem. This property has had exten...
Guy Yoes
to 1031 or not to 1031?
I own two properties where I live. I may have to move to another state where I have a property there.Do I have to do a 1031 exchange to not pay taxes or can I just sell and buy within the required time frame?Both prop...
Matt B.
Terminal cap rate (exit cap rate)
hi everybody, was wondering how people here determine their exit cap-rate. Is it just off of comparables (even then, finding a future comparable isn't really possible when modeling the properties performance for the n...
Matthew Rollo
Florida Tax Leins/Deeds
Good morning BP!I am looking to dive into some tax lien sales here in Florida. Only problem is I have not the slightest idea where to start of how the process works. Anyone know much about these and wouldlike to share...
Chris Martin
Simple depreciation explaination
This was taken from a PM to a colleague.... After writing it up, I figured I'd put it here for your entertainment;) About the tax comment in my post...This is a simple example. The numbers are to show the point. Don't...
Peter Ivanov
1031 exchange followed by a move in?
If we sell rental property A and buy a similar rental property B, can we move into it after renting it for a while (say, 1 year)?Let's say we sell rental property "A" in 2020 with 500K profit but do it as a 1031 excha...
Art Webb
1031 Exchange to Rental to Personal to Sale. What is taxable ?
Hello, I’m looking to sell a rental property and exchange into another rental property in a future retirement city. After renting the replacement property for two years live in it as personal residence for 3-5 years...
Dan Costantino
Selling a flip to someone going FHA
I have my second flip just about done. The first person I showed it to made me a full price offer. That's AWESOME!
But...they want to go FHA. I haven't gone through that before (1st flip sold to cash buyer...