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Im a 6flat property in Riverdale and the property has back taxes of 40,000 and the property is being given to me for 1,000 and the arv of the building is 200,000 and it needs 15000 worth of rehab, how can I reduce ba...
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Presidential Biden has rolled out his proposed tax plan with two major pillars that will impact real estate: 1) Elimination of the 1031 exchange provision 2) Elimination of long term capital gains.
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It has become increasingly difficult to cash flow with house hacking. Despite this fact, the return on your investment (ROI) is incredible enough that it still warrants exploring buying real estate with the house hack...
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Would be interested to hear if anyone has more/better/different information on this issue:
I just set up an Individual 401(k) for my consulting company, which is a single-member LLC. I'm wondering if this might also ...
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Well damn. It's that time of the year again when the property tax appraisal letters arrive. Talk about sticker shock. I am really getting reamed by not having a homestead exemption (read 10% increase annual limit) on ...
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I’d appreciate some feedback on taxes.
My mom owns two houses outright. She resides in one of the houses, and I rent the other which had belonged to my late grandmother. These houses are in Colorado....
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Hi everyone,
So I am new to real estate investing, currently learning a lot on my own! I have a few questions that I would greatly appreciate if someone helped out. I live in Northern CA ( I know, its EXPENSIVE). I ...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Columbus.
Purchase price: $3,175,000
Cash invested: $1,314,076
Contributors:
Joseph Druther,
Chris ...
Hello BP,I’ve read in a variety of places on these forums that it is financially more advantageous to own real estate in your own name as opposed to your solo 401k. Let it be said that I’ve primarily interested in sma...
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Hi all.I haven't made the plunge into buying my first property yet, however I'm working hard on the analyze phase. I've spent the last two weeks, at least an hour a day, most days probably 2 or 3, looking at propertie...