Tin Nacaj
Taxes After Multiple 1031 Exchanges
If you do 1031 exchange multiple times, do you pay taxes on the profit of only the last sold property or do you have to pay taxes on the total potential profits of all properties. For example, if I buy property #1 for...
Bryan Pham
1031 Primary Residence for a Multifamily
Hello BP!Has anyone have any success stories about 1031-ing their primary residence into a multifamily investment? Is this possible?
Anderson S.
Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
5 Tax Mitigation Strategies Every Real Estate Investor Should Know
As a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio. Yet, many investors overloo...
Mike Landry
selling with owner financing!
Hi guys. We are looking at selling a condo we own in galveston and we are advertising that we will consider owner financing. It is a vacation rental and will be sold either to an investor or someone for a second/vac...
Andy Young
Another Capital gains question
I am selling a multifamily I bought for 100,000. Over the course of owning it I have paid off $25,000 of what I owe on the mortgage.I paid 25,000 and got a mortgage for the 75,000.I am now selling it for 200,000.I am ...
Nick Gee
LLC questions , TAXES,ETC NEWBIE QUESTIONS
hello everyone I finally decided to create an llc for my properties.. I have two single family homes.
STARTED INVESTING ALMOST 2 years ago
ONE IS RENTED, ONE IS BEING RENOVATED (POSSIBLE RENTAL)
I'm holding both in...
Thomas Mehi
Advice for military member selling long term rental
I was just recently introduced to BP and just in time too as I am selling a house I have owned for 13 yrs. It has been rented for the last 6yrs. I know because I am military I only have to of lived in it for 2 of the ...
Christina Galdieri
1031 Exchange for a small business?
Hi All, Is there such a thing as doing a 1031 exchange or a small business. For example if I sold my business then used the proceeds to acquire another one or several?
Alex Silang
Classifying deferred maintenance as "repairs" or "initial cost"
I bought my first property a few months ago. There was a lot of deferred maintenance which ended up adding up to about 15% of what put in as a downpayment. Fortunately, the property is currently cashflowing nicely. In...
Ben Bakhshi
Taking equity in your tenants business, and 1031 exchanges.
I manage a warehouse property that is owned TIC between an LLC that I manage and own membership interest of, and a personal 1031 exchange. During the course of leasing up the property, we have been approached to have ...