Would the capital gains from selling an investment property held in a particular LLC be eligible for a 1031 exchange fund if it is applied to a down payment on a commercial development owned by same LLC that broke ...
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
For those who have rental properties, can you mention what costs you generally cover for your tenants? Do you cover items such as lawn maintenance, extermination, alarm and cable services?Also, do property management...
Hey Everyone (and Bill Exeter!). Have a question about selling a rental property currently owned by me and two partners. Right now me and one of the other partners wants to buy a new rental property, and the othe...
Hi everyone,
I am very new to real estate, in fact, I haven't even begun yet. I have been a BiggerPockets fan for years! I listen to the podcast and attend the weekly webinars in order to learn as much as possible.
...
My husband and I are new to REI. We are in the Baltimore, MD area. This is something I have had a passion to do for a long time and we are finally in the space in our lives to do it! We have done extensive research, s...
I've never had a house built from scratch before. I have found a ton of articles with wildly different cost per square foot to build a home but zero detail on what the covers. I'm looking to build a home in Tennes...
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
I want to buy a 2 bedroom house in the bay area and live in one room while renting the other room out. However, the volatility of the housing market makes me very concerned that I am buying at the wrong time. On one s...