Diane Tycangco
100% Financing = No Cash Flow?
Hello friends, I am thinking of pulling equity from a paid-off rental and use the money as downpayment on another rental. The rest of the money will also be from another loan. In effect, it will be 100% financed by ...
Lucero Sanchez
We sold our primary residence to move to a better primary residence will I need to pay taxes on the profit?
In 2012 we purchased our primary residence for $60k it was a short sale and we bought it with out any loans, a year in a half later we found a larger home in a nicer area also a short sale for $157k, by that time o...
Tom Rairdon
Tax considerations when selling a short term rental
Hello all,
Has anyone sold a short term rental owned over a year as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation? Did the proceeds from the ...
Henry Lazerow
Ways to offset EOY cap/gains?
I changed some positions and now my brokerage account is showing a $30,000 capital gain for this year, any way to offset this? Either through an opportunity fund investment or by accelerating depreciation on my 4 unit...
Ryan Kaysen
Calculating Capital Gains tax
what is the best way to calculate the tax due on the sale of investment property? I have had mixed results from different sites and would like a solid answer. They all seem to be pushing 1031 exchanges which I was not...
Account Closed
Trying to estimate sellers capital gains tax
I am trying to put together an offer with seller financing on a package of houses, think mobile home park but slab houses.I am trying to estimate the capital gains taxes the owner will encounter if a cash sale - to be...
Neal Collins
Keep the deal alive!: How to help seller avoid capital gains
We are looking to purchase a duplex from an absentee owner who acquired the place 13 years ago for $175,000. He is willing to sell it now for $250,000, but he has a $150,000 mortgage on the place. We almost lost the d...
Ryan Gabrielson
Atlanta suburbs flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $150,000
Cash invested: $230,000
Flip home one story addition to brick house 850sqft addition
What made y...
Trevor Tso
Need advice renting to retired parents
I bought a second home as primary residence and would like to move my parents there (so they can help out for my child care and I can help them with $, they are little tight).
How can I get the most tax benef...
Craig Hanlon
New memeber Newburgh ny
Hello BP my name is Craig and my goal Is to create passive Income purchasing a duplex to rent to start. I have minimum real estate experience and I am looking to learn more before committing to purchase. Year's back ...