Scenario: Parent and child co-own a non-rental property. Parent lives in property, child is silent investor living elsewhere. At sale of property, a $300K profit is realized.
Question: Is full $250K cap gains exempt...
I have a rental that has passive losses.It just keeps going up every year. I do not ever intend to sell the rental and just pass it onto my kids so I'd rather not have this carry over.I could buy into a good real esta...
Does anyone know how depreceation recapture works?
I am selling a home for the first time and have no idea how this works. I purchased this property in 2008 as a primary residence and turned it into a rental a year l...
I have a question for the Wisconsin investors. When doing a flip how are the taxes calculated? I believe I read that the profits are taxed as self employment? or is it capital gains? How much should I plan on paying a...
Hey Biggerpockets Community! I have a tricky question that I cannot find any good answers for on the internet. Big fan of everything you give to our community. Here we go….So my dad signed over his estate (house an...
Hello everybody. I'm on the hunt for an exciting internship opportunity in the real estate sector! I'm currently pursuing my sales license in Boston and am eager to gain valuable experience in the field. Real estate i...
I don't know if this is the right forum category, but here goes:My brother and I have an inherited piece of property. My father sold the Note and became the "bank" back in 2012 to generate income to pay for medical ex...
In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual...
I own a property I bought for $250K that's now worth $500K. I have an offer for a combination of $200K cash and $300K in 1031 exchange property. Question- How will this affect my capital gains? Since the $200K is no...
If you look at the historical investment in real estate, it has been an excellent hedge against inflation. Most everyone is familiar with real estate, unlike the learning curve involved in investing in stocks. Real es...