Michael DiNuzzo
A new Investors questions for 2021
Hi All!I am at the early stages of my investing career and was hoping to gain some insight here from my fellow like minded peers. I am based in NY but looking to invest in long term rentals in other states. Would love...
Marc Cesar
Buying rental and Refinancing
Greetings all, I wanted to gain insight on the following scenario. If I'm purchasing a single family that's currently with a 1-year lease (tenant paying 745/mth) and the sales price is 20k ( but at closing, I'm buying...
Arniesha H.
Mobile home flips and taxes
I've been following a lot of the boards talking about the mobile home niche of REI, and am gearing up for my first deal this spring. One area I haven't seen a lot of discussion around relates to how the sales of these...
Susan Smeland
Rental Arbitrage Questions
Looking to gain insights from someone that is a landlord in this situation. My daughter put her house up for rent and has received two inquiries around this strategy. Thank you.
Rob King
Question about a selling strategy to minimize taxes
Good evening, I have three properties in Honolulu, HI and am looking to sell two in the next 12 months. My understanding is that if you live in a property for two of the last five years you are protected against cap...
Chris Martin
Short holds in SDIRA and what is considered a "business"?
It looks like "flips" in a SDIRA are subject to UBIT. But rental income is not subject to UBIT. What about gains on the sale of rental property? From http://www.nuwireinvestor.com/howtos/how-to-keep-your-self-directed...
James Harris
Capital Gains Tax and IRA
Hello..Last year I sold a property and did not find another property to roll the earnings into within the time period. I was told that I could roll the earnings over into an IRA to avoid paying the capital gains tax. ...
Tyler Ford
1031 exchange process
Hello all - Here is my plan. - Sell property A and roll proceeds into a 1031- Buy property B- Rent property B for two years - Owner move in into property B after two years- Live in property B for at least 8 years- Pot...
Brian Klingbail
Ordinary business income vs. long term cap gain on K1
Hello All,I just got back my K1 from the accountant on a property that I purchased in 3/2013, rented out and then sold in 6/2014. The K1 has all of the profit listed on line 1 as ordinary business income and does not...
Jim Cummings
Question On 1031 Exchanges
A Question On 1031 Exchanges for the 1031 Experts on the Forum.
BACKGROUND:
Sold Investment property in 2016 netting around $225,000. Money deposited with 1031 Exchanger. Bought 2 properties with 1031 proceeds. Paid...