Parm Becah
Rental Property Capital Gain Tax
Hello, I purchased a home in 1997 for $165,000 in Texas and lived until 2015. I rented out this home and purchased a new home as my principal residence. After renting out my old home for almost 6 years, I am consider...
Angel Moreno
How do I use a 1031 exchange
I’m selling a single family home to my tenants and want to use he profit to buy my first duplex. How can I use a 1031 exchange to avoid paying taxes. Is this something I have to hire an attorney for? Also, does all th...
John Daugherty
Seller terms: No HML or HELOC?
I was analyzing an auction home today and ran across the seller’s term that specified “No Hard Money Loans or Home Equity Lines of Credit will be permitted”.Why would a seller care if the money came from a HML or HELOC?
Jeff Cliff
Want to Xfer HSA account and invest the money in HSA account
Hello,I no longer have HSA compatible health insurance plan but have an HSA account from past, which has decent amount of money in it. The current custodian of my HSA account doesn't allow investment in fact it charge...
Ivan Correa
To take my equity or not... that is the question?
Hello guys i have a question one of my properties is a two family with a studio added on the basement as well, i don't know what it is currently valued at but I'm sure it's valued for more then what i purchased it for...
Miguel Hernandez
Do I qualify for any tax benefits?
Hello BP members. As the year comes to an end I’m happy to say I am 95% done with my first BRRRR deal. It is an out of state duplex.
I always hear people say that buying real estate can help decrease your taxes. Curr...
Brian Glasspoole
Need Advice- Tenants not paying - Washington State
Hello Everyone,
I have a SFR in WA state with tenants not paying. They had paid through August, but in September stopped and have not paid October either. My understanding is eviction is allowed only if selling in WA...
Engelo Rumora
E2 Visa for foreigners
Hey guys,
WOW,
Just got my E2 investors visa approved.
What an expensive and lengthy process it was.
The visa allows me to continue doing business in the US for the next 2 years and it ...
Jeff Ausdemore
Advice needed please
Hello everyone,We are on the verge of purchasing our 2nd rental property, and I'd love some of your perspective here.A bit of our background:We have app. 36 k in equity (according to the local credit union) in our pri...
Michael Shea
Newbie in Newport, RI
Greetings everyone! I'm a new active investor having acquired my first 4-plex earlier this year in Newport, RI. Truthfully, I wasn't looking for a 4-plex, more like a vacation home I could buy and rent to break even u...