Marie Holmes
1031 exchange yay or nay
Hello fellow flippers. I'm doing my research and I'm wondering what's the best way to see more of your profit, the right way of course. I hear 1031 exchanges are the way to go but it doesn't eliminate capital gain tax...
Henrietta Lee
Tax pre-payment for rental sold
Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
Rahul Singh
Need your input
Hello Everyone,I need your input on a decision that I'm struggling with. We were able to get a great deal on our current primary residence back in 2009. Initially we bought it to flip it but after renovating and mar...
Todd Hensy
Real Estate Investor vs. Mortgage Lending?
I am new to real estate investing and bought many books on how to buy, fix, rent, or flip them. I haven't made any deals yet. I was also considering mortgage lending as a career.My question is ....which is more profit...
Glenn Espinosa
HUD Home to flip down the road
I want to buy a HUD home under my LLC to serve as my primary residence and to flip 12-24 months down the road.
In August I will need to move up north about 2 hours due to military orders. I will be living in this ho...
Robert Steele
One caveat about 1031 exchanges
I've sold quite a bit of real estate and never done a 1031 tax deferred exchange. Not because I didn't know about it but because the timing just never seemed right. For instance if I am selling into a rising market th...
Junho Jeong
How is cash flow less risky than capital gain?
I am a beginner who tries to start a real estate investment. After I read several books about real estate. When I was searching what is the best way to invest, the first thing which caught my interest was BRRRR invest...
David Wilhite
Have you ever heard of using IULs to fund your BRRRR?
There is this guy on IG @mr_brrrr and he makes a lot of content talking about using whole life insurance policies to fund a BRRRR strategy. Has anyone ever heard of doing the same thing with Indexed Universal Life ins...
Ron C.
1031 exchange from depreciable property to vacant land
I have done a lot of google searches and how I came to this web site. Some answers but still confused. Here is my situation:We own a rental condo that has been in full time rental for a number of years and took depr...
Aaron Smith
Trust --> C corp to a S Corp
I am currently working with the owner of a large mobile home park, and he would like to sell, but is worried about tax implications specifically due to the fact that he holds the property in a trust and changed the pr...