Jeffrey Allen
Entity Structuring for Multi-family investing
Is there an entity structure for buying a multi-family property between an LLC and a full blown 506 (b or c) syndication? My business partner and I bought a 52-unit apartment complex last year with a few LPs that were...
Zach Ledford
Tax advantages of personal ownership vs LLC starting out
I am just starting out in my real estate investing journey and have been reading what I can find about buying properties personally vs through an LLC. Many say that early on it is (for the most part) preferred to buy ...
Yusef Laboo
Va loan
if you have a VA loan you're sitting on a gold mine and you didn't even know it
Jerry W.
Please explain the SAFE ACT!!!
Hey all I am hoping to get some of the heavyweights to pitch in and help with information on the SAFE ACT.
I have been able to pick up some of it. It has very strict requirements that require every mor...
Matt Scholten
Update on Tax Reform - Sale of Personal Residence
Hi All, I was reading through the new proposed bill by the House Ways and Means committee on tax reform. There was an important change to the exclusion on the sale of a personal residence proposed that would affect pe...
Rahul Gupta
Primary property exception rule on 2 houses?
We bought our primary residence in 2018, lived there till Mid Dec 2020 and then converted that to Airbnb. We moved to a new state in mid Dec 2020 and bought our primary house there which we sold in January of this yea...
Dirk S.
Tax implications on sale of principal residence
Hi
I own and lived in my principal residence for over 20 years and a significant capital gains.
1 If I sell my principal residence I pay no tax on the first $250k of capital gains (filing single), but if I have ad...
Andrew Varney
When *exactly* is the 2 year mark to avoid cap gains?
My wife and I closed on a Condo Jan 19, 2017. Since then, it's appreciated ~120k (Seattle market + some renovations). I've read time and again that if we are live in owners for 2 years, there isn't capital gains upon ...
Leo B.
Solo 401K and Hard Money
Has anyone used a Solo 401K to fund down payment on a home and hard money to finance the rest of the purchase and rehab of a fix/flip property? I understand that you can only use non-recourse loan with the Solo 401K....
Zoe Lee
property tax increase 50%
Hi all,Just noticed there is a 50% property tax increase for a property we bought early this year. Specifically, it's the "improvements" that doubled from 2018. It's been flat for decades and all of sudden hiked. I no...