Wendy Busa
Would you private lend on Subject to?
2 questions, I have an investor that I have loaned money to in the past and he is doing a subject to. The comps look good, the LTV for ARV is 76%, the bank has the primary lien, so this would 2nd lien position. 1. Is ...
Ryan Kaysen
Calculating Capital Gains tax
what is the best way to calculate the tax due on the sale of investment property? I have had mixed results from different sites and would like a solid answer. They all seem to be pushing 1031 exchanges which I was not...
Jose Sanchez
Depreciation of SFH and me living in ADU portion
I live in Long Beach, California. I just purchased a single-family home that also has an accessory dwelling unit. I am living in the accessory dwelling unit  portion of the home and renting out the single family home...
Patrick Thomas Dickinson
Avoiding capital gains home sale
HelloAny tax savvy people / cpas out there want to help me out. My moms selling her house in the Bay Area and will have a large amount of capital gains once it is sold, I have a few questions. 1. You pay capital gains...
Brett Stec
Capitol Gains - selling second home
Hi all,
Wondering if there is a way to get out of paying capital gains on selling a second home for personal use. This is for my mom, who has been a snow bird in Port Richy, FL at this property for a little over 6 mo...
Ben Kirchner
File married jointly or separate?
My wife and I keep our financial accounts seperate, and simply share a mutual credit card that we equally contribute to for mutual expenses (mostly groceries). I purchased 2 houses with my own finances in 2017, which...
Sarah Rilling
What Questions To Ask When Joining A Mentorship Program?
When joining a mentorship program, it's important to ensure that the program is a good fit for your goals, needs, and expectations. Here are key questions to ask before committing:
1. What is your mentorship experien...
Jeff Gardner
Should I keep this rental or re-invest in quadplex.
Wondering if there were any mentors who could examine my numbers on a rental house that I own.I own it outright. Zero liens.Rent: $1553 per month autodeposited Taxes: $8200 per yearManagement: 10%Expenses: $3600 (wate...
Michael Medeiros
Deferred Passive Losses
I have deferred passive losses on multiple rental properties that have accumulated over the last several years (let’s say around $50K). I recently sold one of these rental properties with a net capital gain of $120,00...
Zeb B.
Tax Loss Harvesting Implications on Mortgage Qualfications
I have about $50,000 in unrealized stock market losses in my taxable brokerage account. I'm considering selling some of these securities for tax loss harvesting. I don't plan to change my exposure to equities, the pro...