Does anyone know if there may some sort of tax penalty for buying and selling the same house, in the same year, in Ohio?
What are the comparative benefits and challenges of using a 1031 Exchange vs. investing in an Opportunity Zone? Share your experiences and insights.
I have begun gaining some traction getting deals under contract and have started accumulating a small buyers list. I don't want to be wholesaling long term though. I want to be developing my rental portfolio for long ...
I took out some equity on one of my investment properties in 2015 and I am going to use it to put a down payment on another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, do I s...
Hi All, I have a question about Withholding Statements in the context of 1031 exchanges. I am in the process of exchanging out of my "2nd property" (just sold), into my "3rd property". Suppose the following scena...
I have a situation where I'll be selling a property that has a greater value than I'll be able to replace it with in smaller properties. It's my understanding that a portion of my gain that I'm able to reinvest withi...
Hello everyone!My name is Joel and have been educating myself and learning this new language called Real Estate. While doing my homework, I stubbled upon this site. Glad I did because of all the free information on he...
Hi BP community, Warning: This is a long post in an effort to help newbies like myself gain insight into how we can be successful as we hear from you on what strategy you'd recommend if you started over again. For thi...
Hello.
I recently found this site and was quite impressed with the content and knowledge of the various posters.
I've been a full time investor since 2008 focusing on single family rehabs / resells and multi use com...
I am looking to buy my second duplex and am searching for ideas on how to make the financing work. First of all, I am currently house hacking my first duplex and living for free. I bought this about 8 months ago using...