I own a condo hotel in FL and the developer/owner of the building is creating issues w self rentals / self management (i.e. Owners not in the hotel program but use Airbnb and similar)The developer is segregating clea...
@Julie Dib asked me on another thread:
"my father in law just sold a rental in Cali he’ll have about $300k in capital gains, if he were to 1031 exchange that money into a new rental property and plan to eventually li...
Can anyone tell me what happens if a home has been renting out for just over 3 years in terms of the capital gains exclusion. Do you lose the entire benefit or is there a sliding scale. Let's say you're trying to deci...
Hello BP,
I listed my townhouse last weeks and with in two days all cash offer for full price with a 15 day closing! Close date is the 25th!
Now comes the first world problems of taxes! I lived in the house for 573...
Hello, I am standing up an investment firm and holdings company as a part of our services, I want to offer Cost Segregation studies to both investors and limited partners in our network. Having leveraged a cost segre...
Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here. Some final facts I need to make a decision are the tax implications, any help...
Hi Folks,I'm in conversation with a lady who has a property that I would really like to buy. She owns the property outright and is open to holding the loan. I made her an offer of 100k down and the rest over 15 years ...
I just built a new construction duplex and have plans to sell it. I just closed on my conventional loan as it being my primary. Is there anyway to avid capital gains tax other than waiting two years? I have plans to b...
Hey all,If an agents name is on a listing with the corporate/principal broker, is it assumed that your the one receiving the commission, and the principal broker is like the "house", or the principal will split the co...
Hi all,
I am currently listing my home for sale (lived in it for 18 months) with my realtor and plan to net approximately 61K after closing costs etc. I want to take a portion (or all of it), and put 20% down...