Can an attorney please explain the categories for this map (see legend at top)... I'm a bit confused. Preemp = exempted by state/no rent control can be done by cities?? Not sure the difference between the preemp and n...
Hi fellow RE investors,
Quick question, I have been reading on QBI and I know that passive rental income qualify for the 20% deduction from QBI. However, when I sell the rental property, does depreciation recapture ...
I did two before in 2017, and it was tight then, days left in one case.
But now it's 12 days away and no luck in my area.
I started to look at multi family and single family that have sat 3 months hoping to go mutua...
Hello All!
What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?
Many people h...
Hello I have a question. I bought a house for $40k and put about $20k into it. I'm positive I can sell for no less than $79k for about a $19k profit before taxes, fees, commission etc. Well I put a lot more money into...
I run a family owned general contractor business (custom homes). However, I am not a registered principal of the company (s-Corp). My mom and dad are the two registered principals as they started the company 30+ years...
I sold my 1/3 portion of a self storage business in 2014 and am taking payments over time. Is there any way I can use this money for other investments and save on the tax consequences? 1031 exchange or have I overstep...
I had a question that was a bit above my current knowledge level, wanted to get some opinions here (thank you in advance). 2 months ago, my wife and I purchased an investment home that sits on a double lot. My agent ...
Hello everybody,
Hope all is well. I bought a condo last year on my personal name, did the work it needed & sold it later. To those who have done this before & have experience. What is the best & busines...
I read a response on one of the forums that gold could possibly be used as reserves when buying. Does anyone have specific details and the documentation link that states this? I have gold coins that I am hoping to...