Hello,I'm to the point where I'm ready to dive in I believe. Just need to find the right deal and I'll be one of you all. I do have a question about taxes on the first flip profits (assuming there are profits)I read t...
Hello All,
Need your help….I am selling my rental property in FL on Monday. I am moving the money to 1031 intermediary till I decide what is the best option. House is selling for 660K with 300K in outstanding loan.
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Up late last night listing to one of the podcasts and began feel like I found a way to make my next deal work through a HELOC on my primary residence. I would be targeting access to $100K.I am currently holding 2 prop...
I plan on selling my house to downsize and move out of state. If I sell the house now the capital gain would be around $700-800k. Being married, we would take $500k off that gain, with still a decent chunk left. I've ...
1) If you own an investment property, with 1031 Exchange I can sell the investment property and buy a like-kind property and defer capital gain taxes. Correct?2) If you own an investment property in Texas, and if anyt...
i was gifted a house... im looking to sell the house now and want to avoid capital gains tax.... can i gift the profit from the sale of the house to a family member and avoid capital gains tax?
Hi All,I’m selling stocks (selling around $500k , around 50% of it is long term gain) to invest in a property. I’m already in high tax bracket ($350k income) . I’m selling mostly long term capital gains but I need to ...
Looking to buy a commercial property this year. Anyone have experience with Opportunity Zones? I know what they are, I'm looking for positive and negative feedback about their experience so far.
Hello, I recently purchased my first property. It was in bad shape and needed some love and I’m a carpenter by trade so I did all of the renovations. It’s coming together great but I’m trying to figure out the best wa...
My husband and I have had our main home for 11 years. Two years ago we got a screaming deal on a family property which we purchased (with a mortgage) and then did a complete remodel. Now we need to make a decision on ...