OK, this is a situation that I saw on another board and it got me thinking about it...just my brain working here.
It's a 9 acre single parcel of land, that has 2 single-family homes on it, and a fourplex. He lives i...
Howdy yall, I am curious to know what percentage of an individual's total portfolio should be allocated to real estate? I understand that real estate is viewed as one of the safest, most reliable asset classes but in ...
I’ve seen a few articles on last minute tax plan changes and they are stating there was a last minute change that allows for a greater reduction for real estate LLC’s with no to a few employees for rental income. Anyo...
Friends, I'm contemplating a 1031 on a sale, but I am weighing a few options on maximizing the best ROI over the long haul. I'll share it with round numbers for a hypothetical analysis. Say the relinquished property...
How heavy is your wealth tilted to real estate?I’ve been thinking about this lately. About 80% of my net worth is invested in real estate, real estate syndications, real estate notes or REITs. Now that I’m in my ear...
I am working on my 1st rehab, which also includes purchasing construction material from Home Depot. Is there a way to automatically allocate individual SKUs to broader categories? (e.g. drywall, framing). I am trying ...
What are those of you who house hack or live in unit and rent out another doing for bookkeeping? I live in one unit (40% of building). My tenants live in the other (60% of the building). Their rent is less than my mor...
A Question On 1031 Exchanges for the 1031 Experts on the Forum.
BACKGROUND:
Sold Investment property in 2016 netting around $225,000. Money deposited with 1031 Exchanger. Bought 2 properties with 1031 proceeds. Paid...
I am placing a house into full time short term rental to try it out. But what are the tax consequences if I discover it is not as profitable as originally hoped and convert it back into my primary residence the follo...
I did an exchange about a year ago into a property that is five buildings, all on separate tax parcels. If I were to sell just one of those buildings (sell outright, not exchange) what would be the tax ramifications? ...