This is a bit long winded, stick with me.
My wife and I have live in flipped 2 houses, doing most the work ourselves over the past 10 years. Takes forever, lots of learning, have made great money. 2 years ago we ...
Here is my situation - I made significant losses on 1256 contracts this year and here is my sample scenario. 2022 year - Long term capital gains - 24,000- 1256 contracts losses - 140,0002021 year- long term gain - 110...
We rent out a portion of our primary residence on a nightly basis. Does that enable us to claim our own utilities, insurance, HOA dues and other expenses on our taxes? Or a portion of them?
Thinking of buying land and building a sfh and selling immediately after. How do developers avoid Capital gains taxes? WhAt is the best way to go about this to sell the home for a profit?
Thanks!
Hi everyone!Curious if anyone has experience with Subject to or wraparound mortgages in today's market? I admittedly have no experience with them, but am trying to learn as much as I can.Given how fast rates have rise...
What is the general consensus here? Will we lose 1031 at the higher level? (over $500k)...https://therealdeal.com/2021/0...Realtors, etc. have some pretty fancy lobbyists... but I just don't know. The power of the t...
I bought a commercial property some six months ago in a 1031 exchange. Now, there is a good demand for the commercial property and I might be able to sell it for a pretty premium. The idea is to sell it and move the m...
First post here! I have a question regarding investing in a QOZ. The capital gain I am planning to defer was from a personal account where I sold equities. Can the QOZ investment be made by subscription agreement usin...
The scenario is this....Purchased a condo in Manhattan in 2006, it served as our primary residence until October 2014.Since October 2014, we have been renting it out. Basic question is...at what point, if any, would t...
This is going to be a long one, so prepare yourself =)
My fiancee and I have been house hunting for a personal residence for a few months now. I own a home since '09 that is underwater (stand to lose 18K or...