Andrew Mykletun
1031 exchange with multiple properties
Hi BP members,I am looking to sell multiple SFH investment rentals, some that have will have positive capital gains, while others that will have some negative capital gains (just the situation that I am currently in)....
Kristopher Rodriguez
Question involving Capital Gains, 1031 Exchange, Seller Financing
Hello to all! Thank you in advance for reviewing my question. My question involves three parts: Capital Gains tax liability, a 1031 exchange, and seller-financing. Here is the scenario:
- Investor purchases a propert...
Sophia Griffies
Series vs. Traditional LLC
There was a recent Bigger Pockets blog post about Series LLCs vs traditional LLCs. It sounds like some states don't allow them, but you can get one that is registered in another state. Texas, Delaware or Nevada appe...
Alex Price
What percent of income is positive Cashflow for large portfolios?
For large real estate investment companies (100 unIts+) with in house leasIng, management and maintenance. What percentage of income is generally positive cash flow? Where I live there are companies who own 10,000+ un...
Andrew Curro
Do you still use the 1% or 2% rule today?
Do you still use the 1% or 2% rule to evaluate investment properties? I will be looking for properties in capital region NY. Based on podcasts and zillow research, it seems that there are less properties that meet thi...
Greg D.
Deduct state sales tax on a flip?
I sold an investment property in 2015. Maine withheld a 2.5% non-resident tax at closing. Can this expense be deducted / added to the cost basis?
Dina Harleth
Are gains from sale of the primary residence taxed at capital gains rate or ordinary income?
I have always thought it was at the capital gains rate, but someone today told me that the gain on the sale of a primary residences is taxed at the ordinary income rate. Can someone clear this up for me? Thank yo...
JT Marlin
Trust deed investment - when can I claim a loss?
I invested in several trust deeds back in the 2005 -2006 time frame. Unfortunately, several of the trust deeds were ultimately foreclosed on. However, there is one trust deed loan that hasn't performed in years, but t...
Andy Bauman
Tax treatment of gain on lease options
Hey All! I hope you had a great 4th of July!I'm hoping any of you tax experts can help me out with something...I have a piece of unimproved property under contract right now in TN, for simplicity's sake let's say it ...
AJ Wong
150% return in 5 months
Investment Info:
Single-family residence fix & flip investment in Coos Bay.
Purchase price: $85,000
Cash invested: $15,000
Sale price: $160,000
Tiny home conversion.
What made you inte...