Looking at alternatives to offset or defer capital gains. Yes I know about a 1031 exchange so that remains a viable option. But I’d like to have more freedom with the monies such as buying on auctions or other investm...
Hello everyone. I'm curious about what people think about using seller financing as an exit strategy for rentals? I'm legitimately curious whether anyone is considering this as an option, and if so, why? Obvious tax b...
We recently refinanced at 15 years on our started home that we purchased in 2014. I GC'd it and handled most of the grunt work. Spent $100K over the years on top of the $380K purchase price. Market Value is $550ish b...
My wife and I are trying to determine if we want to sell our property and capture all the capital gains or hold the property and possibly incur some costly repairs.We turned our previous home into a rental property an...
Hi guys, I am looking for some clarification of the financial benefits of living in the property I am renting.I am 22 y/o and will be investing in my first rental property this summer. Currently I am living with my gi...
Hi all! Newbie here….Wondering about the pros/cons for cost segregation. Purchasing our first STR, a 2/2 ski condo for over 400k. We got hammered in taxes last year due to our W2 income, so looking for ways to offs...
Hey family,I purchased a rental property in 2016 under my own name for $135,000. The home is now worth $225,000 and I plan to sell it in the next six months. My plan is to use the profit to pay off the mortgage on m...
Since note dividends are taxed at the same rate as regular income, and there are no tax benefit like depreciation or mortgage interest deductions, I am looking back to real estate to help avoid keeping 63% or less of ...
So I have two deals closing this year that are going to net me approximately $50k. I'm trying to figure out a way to avoid paying too much tax.The first property is an empty lot that I got for free when I purchased a ...
HelloI could be missing the obvious, but I cannot seem to find much information on calculating the return and benefits of debt pay down on a rental property.How do you assess the benefits of improved equity or increas...