Matt Millard
Is a self directed IRA even worth it?
Even with using the lowest cost IRA provider out there the fee for 4 separate accounts is over $600 annually assuming my wife & I open a Roth & traditional each. If I put this in one of my best investments th...
Collin Hays
But I thought this was turnkey - what's with all the delay?
I think this is a good primer for anyone in the market for a short term rental. Feel free to jump in and discuss.
But I thought this was turnkey - what's with all the delay? (biggerpockets.com)
Account Closed
What Are Your Favorite Tax Benefits??
Hello,I just recently read the book "Tax-Free Wealth" by Tom Wheelwright and he mentions the many tax benefits of REI several times throughout the book. This just reinforced my enthusiasm for real estate. For this dis...
Anthony Z.
What are some unusual exit strategies?
I always hear it is important to have multiple exit strategies. I am kind of confused by this, because isn't there only 3 exit strategies?1) Rent2) Sell3) Go BankruptWhat other options are there to get rid of a proper...
Leah Dockter
Converting from a 1031 to a Section 121
If a partnership does a 1031 exchange into 2 rental homes and then decides to distribute them to the partners can the partners qualify for a 121 each? This is assuming each partner lives in a house for 2 of the 5 yea...
Zachary Smith
Capital Gains After claiming a $250,000 Home Sale Tax Exemption
I have a client that bought a primary home for $100K in 1989 and the home is now worth $1 Mil. They have divorced in that time period and own the house solely now. They have put about $50K worth of improvements into...
Tony Lin
How is depreciation calculated as a passive investor?
I've read a lot about how depreciation helps when you own a small apartment complex. How does depreciation work when you are a passive investor in a syndication? Do passive investor get the benefit of yearly depreciat...
Zane Cress
Buying grandparents home, how to finance
Starting the conversation about buying my grandparents home in the mountains. They own all their assets outright and will probably remain in the property for another year or two. My rental properties kick off enough c...
Ben C.
Holding for a year vs selling before a year
Hello All!
What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?
Many people h...
Eric Doud
Capital gains tax
several years ago my parent build a cabin in Montana that they estimate is worth and would sell for 750,000 to 800,000. This is there primary residence, and are married so they would be able to keep the first 500,000 ...