Emelin Williams-Nelson
Can I put my already paid for home under my LLC?
I am trying to open a veterans group home in the state of Michigan and wanted to use my house that is paid off already. I just started an LLC for the business and was hoping that I could list the home under my new L...
Bridgette Roberson
Can My Roth IRA be used to inveat in real estate?
Hello Everyone.I had 30,000 in a Roth IRA. I would like to use it to purchase rental property. I already own a home so I can't use it for first time homeowner purchase. What are the tax implications for taking money o...
Henrik Lemos
How to find financial Planner to advise retiring Prop. Investor
Hi folks,I'm trying to help locate an appropriate financial planning/analyst resource. Someone with experience analyzing and making recommendations re: existing investment property portfolio... and making adjustments/...
Sheri Lowrance
Short-term rental near beach in Florida
I have a few single family rentals I'm considering selling in the Denver, CO area within the next year. I'd love to be able to do a 1031 exchange to buy a condo with a view of the ocean, someplace affordable, such as...
Dorian Weber
Should I sell primary every 2 years
So a friend I worked with flips homes on the side and this year is on path to make 750k (legit money esp for a side gig) and he told me one of the best ways to build up income for someone with limited capital is to bu...
Muller Dessie
Should I sell or rent my house
I have a house in good neighborhood. I can sell it or rent it easily.Is it better to sell it or rent it.The house appreciated about 70k in 4 years and about 30k principal reduction which a total of 100k..If I rent it ...
Derek McGillicuddy
1031 exchange information
I just bought a house 1100 sq ft in February with the intention in living in it. A larger house came on the market(that better serves my families needs) recently with a couple we know that was for sale by owner. I als...
Michael Fundaro
Book Recommendation?
Does anyone recommend a good book about real estate tax law? I want to at least have a basic overall understanding of it before getting into the details.
Shawn Massengill
What should I do?
We live in Qatar but our from the USA. We have no Tax presence, always 0. We don't make ALL that much money, but wife and I together pull in about 100k a year, Tax Free, so Probably half of that is invest-able.
We...
Tom Patel
Tax Implication for Sale of Condo
Need clarification about sale of Condo for tax implication. The law says if you owned and lived in the place for two of the five years before the sale, then up to $250,000 of profit is tax-free. If you are married and...