Hi, first time on the forums here and i've only ever made 1 real estate purchase. Four years ago I bought a double lot 100 x 100 in St. Petersburg FL (tampa bay area) for 40 k, cash. Now market research shows I can se...

I need to understand what happens to the equity (for tax purposes) if I convert a single family home to a rental property.  Would this convert at a current tax cost basis?  For instance if I purchased a home for 125K ...

Hi. Just joined. Here's my situation (using rough numbers)Bought house in 2007 as part of a 1031Lived in house for 3 yearsRented house in 2010Want to sell, tenants want to buyHouse worth 1.5M, I owe 200k, tenants can ...

If I sell my relinquish property under my name and I do a 1031 Exchange also under my name, can I change my 1031 name into a LLC without a penalty? Should I put my requish property under LLC before I do a 1031?

I'm not soliciting business. I'm not self promoting. I'm not trying to sell anything. I just want to connect with other people who are doing short term loans on real estate projects that are not institutions. Not look...

In October of last year I moved out of my home of 15 years in Austin and converted it into a rental property.I originally paid $143k for the home, it's worth roughly $368k today.  It rented out at $2,100/mo as of Dec ...

I have very recently completed a 1031 exchange. I sold a property in the Bay Area (California) and purchased five replacement properties in Florida. One week after completing the exchange Marion County, FL, contacted ...

My wife and I "fell" into renting out our prior residence after we bought/moved to another home and a neighbor asked if we were interested in renting out or old one. We've since had the same “great” tenant for over 3...

Hi All,
Hope this note finds you healthy.
I'm selling a property which at the surface would make it seem that I am making a profit.  However, after taking into account closing costs (from purchase and then sale), Ca...

Here is a scenario:Investor provides cash to buy house.I buy house in my name with cash from investor. I work on house with a partner to fix up the house and find subcontractors as needed.When house sells investor get...