Sandy Uhlmann
Can I use a SDIRA to do a fix and flip?
Can I use my self directed IRA to buy a property, rehab it, and sell it? I know that I should be talking to my IRA company for these questions but being that it is a Saturday, I thought that the next best option is t...
Craig Clark
1031 Exchanges and Carryover Capitol Gains/Losses
Hi Bp, We are looking to sell a few under performing properties next year so we can redeploy the equity into better investments and we had some questions. Yes, we are going to talk to our CPA but we are filling out ...
Kenny Tan
Year-end strategy to lower taxes for landlords
I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...
Kari Miller
New Member from Ohio
Hello everyone!My name is Kari from the Cincinnati, Ohio area. I currently work for Rent Manager Property Management Software. I am looking to gain more exposure in the property management industry and keep up on curr...
Julie Medearis
Where to find that UNIQUE buyer?
What would you do? We are selling the family home. Listing agreement with realtor ends in 1 more day. We know the house is priced too high. We intend to lower the price. It's a very unique house needing a lot of rep...
Brian Thomason
US born Citizen living in Canada - Tax Advice
Hello, I am currently living in B.C. Canada and looking into buying my first home. I was recently told that it is a bad idea for US born citizens to invest in Canada. From the limited info I gathered, the only thing t...
Andrey Morgunov
Any Advice on Marketing for Multifamily Complexes
Hello Real Estate Experts. We are growing Property Management Company out of Spokane, WA that is Looking for the Best Marketing Ideas to gain bigger Multifamily Accounts. (40+ units). We currently Manage 542 units and...
Brett S.
Any way to retroactively use losses to offset gains on sale?
I think I already know the answer, sadly, but just wanted to check in with the experts here: I'm exiting about half of my portfolio as I head toward part time employment and eventually full retirement. When I do tha...
Jenny Gremillion
Tax Strategy question regarding Vacation rental
My husband and i (through our LLC) are under contract on a Beachfront lot in the pan handle of Florida. Plan is to build two townhomes connected to one another. We’re thinking about selling one immediately after buil...
Andrew C.
Asset Protection: Equity Stripping
Hi BP Community - I have an interesting legal situation that I wanted to hear feedback from before consulting our attorney.I recently read the book, Loopholes of Real Estate, and there was a section on Equity strippin...