Hello REI world, Daunte Flowers here...I have a quick question for the real estate market in the Montgomery, AL area. I am trying to gain information about the real estate auction in the local area. Is there an actual...
Hi everyone, I'm trying to gain some insights into the KC market and get a better feel for the neighborhoods while I prepare for my first purchase. I'll be heading out to KC in a few weeks to check everything out in p...
I’m looking to start investing in real estate this year and would appreciate insights from experienced investors on the best strategies in today’s market. With new regulations in Canada like the flipping tax and prope...
Good morning bp had sone questions on 1031. My first is can you use a1031 for primary residence to primary residence, would that be like kind? Or is it strictly investment? Can commercial be included? Also we know tha...
Hello all.
I have researched but can't seem to find an answer to this question.
We've been renting our former residence for 2.5 years. If we sell it in the next six months, we'll qualify for the capita...
I have 2 rental properties, Texas and Georgia. I sold one in GA in 2018 (which we purchased in 2007) and didn't do 1031 Exch. Now, the depreciation hit me back as gain when doing the tax report. However, I reviewed th...
Can you "flip" an income property that you don't live in and avoid capital gains? I'm talking about holding a property for the 2 year period that is supposed to make you exempt. :tongue:
I just sold the house I'm living in for a large profit. Because I lived there for 2 years, I avoided paying capital gains tax on it.I found another house that needs updating that I want to live in for 2 years then sel...
Greetings from Indiana. We are about to list our primary residence for sale (house 1 for the sake of this conversation). We are already in the process of closing on a new primary residence (house 2), and do not need...