Good Morning BP family,I found myself entangled in loopholes this morning as I finished drafting my most recent Real Estate 5 year plan. I recently received some advice about forming my strategy as a beginning Investo...
Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
Hi all,
A friend of mine is planning to sell a primary house he bought many years ago. He bought it for 400 and spent 100k on it and now it is appraising for 1.4 million. His total profit will be around 900k.
I thi...
A new capital-gains deferral option was created by the tax act Congress passed in December 2017, which created a set of "Opportunity Zones" nationwide. According to the law Qualified Opportunity Funds (QOFs) can be es...
Hi all,Do the deferred taxes using a 1031 a) reset with each sale, b) snowball cumulatively, c) stay fixed from the original sale, or d) something else? I just sold a rental in December 2022 and put the proceeds into...
We have a property overseas that has sold and we'll be heading over next month to wrap things up. We will be wiring the money back to the US, and plan to use it for future REIs.
I'm wondering if there are any ways to...
I wanted to explore Syndication as a passive investment opportunity with fellow BP members. I am not able to figure out if it is possible to defer the depreciation recapture gains when the syndicate goes the full cycl...
state fedetal local tax?not realty transfer tax, which is around 1% in NJ, right?
I own a personal residence with A LOT of equity. I'm single, so if I sell it I can avoid tax on $250K of cap gains, but there would be significantly more than that. If I sell the property, and roll the proceeds into...
I have cash sitting in a tax deferred IRA account. I am looking for alternative tax strategies to use in investing these funds for real estate investing. I realize by taking a cash distribution it would be considere...