Hi, I have an old primary residence that tenants have been in and are now vacating, it was a bit of a unique circumstance so I am trying to understand the tax ramifications or best approach. My current CPA hasn't be...
So I am trying to see if anyone know the answer to this question. I am selling my house in San Jose in which I lived in for 5 years. I moved out last year and rented it out for the whole year. I bought the house ...
I'm seeing what seems to be 10%+ cap rates on roofstock. Has anyone bought from the platform? Is their underwriting sound?
I had a thought that you could potentially use RE to bypass inheritance and gift tax issues. I know that you are only allowed to gift about $12,000 to any one individual, and I know the goverment taxes you when you di...
Which is better to have an llc or an umbrella policy? What are the advantages and disadvantages etc?
Hi BPers,II have drummed up a Purchase Option Agreement, and was wondering if anyone would like to review it. It is obviously okay to edit/ tweak and use as you see fit. If you are interested and have an email availab...
Hello everybody. I'm a new investor and I've recently become very interested in the small tax write offs that I can begin taking advantage of to refine my strategy on taxes. One such strategy can be claiming a home of...
The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...
Hey everyone! Are you hoping to buy a home soon but are concerned that your transaction will not close on time if something happens with COVID-19? We understand! Our team is already prepared to handle this with your ...
A number of years ago I bought a primary house for my mom due to her bad credit. She paid all closing and down payment costs. I paid the mortgage initially for four years and she covered all remaining household costs....