Chris Gerbig
Sell one house with a pool to buy 2 without?
I just purchased my 2nd SFR property in 5 months. Got great deal on both of them. Now I have to figure out what to do with my primary residence (I need to move into my latest purchase to satisfy the VA loan).My curr...
John Stanley
avoiding capital gains tax on foreign property
I'm a US citizen living in Germany, where I am buying rental property. The law here is that if the property is sold after >10 years' ownership, there is no tax on the capital gains. However, I would have to declare...
Matthew Kelly
New Sacramento area investor
I have been doing a lot of research and found that the smartest way to build wealth with my money is to invest in Real Estate. So I am pursuing my License and looking to network with other investors to flip some house...
John Hua
Section 121 question
Hi all, Me and my wife live in our SFH full time for the past year. In the upcoming year, we are getting roommates to help with expenses while continuing occupying as primary residence. We have ~400k in gains after im...
Kat Malkowski
Cash flow from boarding horses?
Hey everyone! Maybe a weird post, but here goes! (Wasn't even sure what forum to post in!)Has anyone had any success in investing in horse property? While it may seem an usual question, I would love to hear anyone's o...
Julio Bobadilla
California Bill AB 1482
I live in Kern County, CA and was about to start investing in real estate especially because of how central this county is and all the expected growth, but this new law AB 1482 establishes rent control and just cause ...
Michael Camden
S Corp: Refinancing a Planned Flip into a Hold - TAX
Hi All,
We're currently flipping a property within an LLC taxed as an S Corp. The LLC holds title to the property. As an alternative strategy post rehab, we may keep the property as a Hold. If we do so, we'll be ref...
Robin Edwards
First time homebuyer Tax Law: Need help
My wife and I are looking for a house hack property in Houston or Galveston. This will our first time buying a home, so we are very green at this.We are using my IRA account to fund our down payment. I understand th...
Sid Franklin
Moving out: Illinois has country’s worst outbound rate in 2016
The IPI is a bit of a right wing rag but this story should be a wake up call for ALL Illinois real estate investors and homeowners.https://www.illinoispolicy.org/moving-out-illinois..."Another troubling sign is the in...
Michael O'Byrne
Tax lien discovered
We are are flipping a house and just put it under contract with a buyer. Their title company just informed me the examiner found a recorded tax lien from a few years ago of over $23,000. The house has been sold twic...