Last year I had to sell half of a duplex. I met with my CPA, discussed the details and they estimated the taxes owed would be in the neighborhood of $10k. I just got my returns back and I ended up owning over $30k. My...
Is it better to claim everything you can as far as write offs or pick and choose? I've had people tell me both. I'm a new 4plex investor and I'm pretty clueless on doing taxes for real estate business. I want to buy m...
I’m looking at getting two investment properties to buy and hold for a few years then sell with the intent of utilizing the 1031 exchange program. What I’m trying to figure out is if I can refinance my personal resid...
Hey,
Im doing few posts lately to here feedback and understand what is the best route for me.
There is so many locations to invest and im struggling between few.
I have around 150K-170K on hand to invest in any pr...
Hi all,
Let me introduce myself. I come from Paris, France not Texas, I am 36, I have recently been transfered with my family by my company (software editor) to the San Francisco area under an L1 Visa for 3 years. I...
Hey guys, my family has owned about 15 acres north west of Austin, Texas for 30 years now. Ive been looking into ways to monetize the property through a passive income method, as I do not have time to be there running...
We did a 1031 exchange into a 10 unit apartment building. The property is underperforming the other properties in our 40 unit portfolio. We've been consolidating our properties closer to our home location. This is...
Hi there. I am 26, and am new in investing world. Wright now I am studying about tax liens and tax deeds and one thing I don't understand: when you buy tax lien certificate, you become the owner ot that tax lien, but ...
Very interesting read.... Live to know the thoughts if people in this forum, especially people from seattle, washington or anywhere in washington state actually.
I just copied and pasted the article....
Gov. Insl...
I just turned my former primary residence into a rental this year and it's going well. I'm trying to get all my ducks in a row for 2017 tax time. My question is what is the best approach for using my cost basis to c...