How does taxes work for wholesale income? Specifically is it considered capital gains even though you get an assignment fee?

I am looking to gain assistant access to the North Texas MLS system. I am about to start a direct mail marketing campaign and am looking for the access to gain comp information. I would be willing to either pay for...

All,
I am hoping to get some feedback here w/ potential seller financing (I am the seller). I am a lawyer by trade and am generally not too good w/ understanding tax numbers, etc. I will try to keep it simple - any f...

Hello,I'm seeing a condo in California this summer and set to profit about $120k. I would like to put this in a 1031 exchange so that I can avoid the CA 40% cap gains. BUT I would like to invest in a different state, ...

Hello everyone, I have a question regarding taxes on a flip as I am prepping the books. My partners and I purchased a property late 2023 and finished the renovation and sold the property in March of 2024. After all ex...

One of the biggest arguments I see around cost segregation studies is the issue of depreciation recapture upon the sale of the property. Do the benefits of the cost segregation study outweigh the cost of recapture? As...

Hey I heard that some 1031 exchange QI's will actually give interest payment on the amount they hold?  Is that true?For example--$100,000 in a 1031 held for 3 months would cost the investor $500.  If the QI would pay ...

Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...

Hey guys, Im interested in hearing anybodys experience with 203k loans. Do you need to qualify? What are the contingencies on the loan? Can you buy and sell?Thabk you for the help!Howell Conant

Hey BP. Does anyone know of any Opportunity Zone Funds that purchase and develop SFRs/duplexes/Triplexes/Quads in Philadelphia? I heard through the grapevine one fund purchased up a bunch of properties in Strawberry M...