I'm about to be looking for a new tenant to fill 1 bedroom in my home. It is shared living: tenant bedrooms have access to shared kitchen, laundry, living, etc. You may remember that I've had issues with a tenant usin...
Are you aware of the 1031 Exchange and how it works? If not, then this article will help you to be familiar with the 1031 Exchange and how is it beneficial for you as the investor.
A 1031 Exchange...
Hello everybody. I am fixing to finally dive into the STR market by turning one of my previous long term rentals into a STR. I have been following people who do this full time and I have a good understanding of what I...
Found the example below on a website. This is the way I understand my first year tax liability when selling via installment sale. But after way too much time searching online, I get conflicting advise. I modeled a pro...
Hello... i posted this question in another one of my posts, so i don't know if i can post the same question again so, just let me know if i am breaking any regulation here please.
Does anyone here knows if there is a...
Hi everyone,I'm doing some excel modeling to analyse properties and I have a couple of questions regarding losses carried-forward. Until today, I thought that a passive tax loss for a given year could be "stored" to o...
all the properties I notice on this site have "cash only" in description---are none of them financeable?
I know that a lot (see: most) funds require investors to be accredited (which I'm not) but I have a close friend who is and we're both interested in investing in multi-family units. My question: Is he able to go out a...
1031 Like-exchange question.
Bought 10 wooded acres 20 years ago for 10,000. Say the city purchased 1 acre of this property recently for 100,000 under eminent domain. I apply to like exchange that amount int...
Hello everyone!
I was in need of some help right before I get out there and make it happen.
I wanted to know the complete set of contracts I will need between the following;
1. Contracts between S...