I am curious if the tax guys here think it is worthwhile to convert a SOLO 401K into a Roth of some form? If age matters I am 61. At this time I can contribute pre-tax dollars of roughly 23K a year into the SOLO. I us...
Does anyone know if the property tax rate is showing a higher rate than the amount of purchase if it should be reduced to the actual purchase price? I haven't been able to get a good answer from the county and was h...
Hello All,I'm currently looking for a multi-family property in the Columbus OH area. One thing that concerns me is the step up in property taxes being above 2%. This really hurts CoC returns, and wanted to see if ther...
OOS investor looking into south euclid, Cleveland. What do people think of it ? I see homes that were sold for 45-50K back in April getting listed for 100-110K now with renovations. Is it a good idea to buy turnkey ?...
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Trying to spell out the benefits of seller financing to a seller. Any suggestions are welcome.
Info: Seller owns the multifamily house outright and has owned it for 40 years. They will be facing a capital gains pa...
Hi! First time poster.. I currently live in SF Bay Area and am doing a job transfer to work out of the north Austin area.. Looking at buying a SFH to live in (maybe rent it out in the future) or could be interested in...
I am looking to house hack my first investment property by buying a multifamily, financing with an FHA loan and eventually moving on to the next one after a year. I have found that when looking at properties on the ML...
Looking for some information on Qualified Opportunity Zone Funds. Has anyone used one to "store" some excess capital gains to defer Taxes? Some background I am retired and sold down some of my highly appreciated rent...
One of the biggest "costs" of rehabbing is the tax hit. But if we could extend the sale out 366 days then we're paying long term capital gains instead of dealer income.
Just thinking out loud here: what if th...