Toby Levan
First Home Rental or Sell
Debating whether to keep or sell first home. If I keep I'm unsure if it can be used as a rental since it was purchased with FHA loan. The area appears to be upcoming in Baltimore. Not sure which direction to go.
Andrew Nechayev
Does mortgage balance on original property matter for taxes?
Hello,I was wondering if using part of proceeds from sale of original property to payoff mortgage on that property can be accounted for on form 8824? Say you sell investment property A for 100,000 and you have 20,000 ...
Marcus Auerbach
Milwaukee market home values
Some personal thoughts and opinions about property values I have as an Investor and Realtor I thought I could share.Home prices will continue to rise nationally and Milwaukee, Wisconsin will be no exception as far as ...
John P.
RE Portfolio Advice
Here's my current portfolio. I’m looking for advice on whether to sell and move into better cash flow properties:Property 1: Florida SFR 3/2 (paid: $183K, worth $121K; rents for $925/mo.; own F&C).Property 2: Flo...
Jason Graves
Have $708k cost segregation loss from $2018
If I sell a property with a $200k gain does my $708k cost segregation loss offset that gain?For example -$708k loss+$200 gain no tax $508 k carry forward loss
Kyle Thomas
Sell rental (capture all Cap. Gains) or Hold?
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...
Scott McCadden
No Deductions Allowed to Agent Investor
As part of my regular routine of checking the "tax news", I came across a recently released tax court case, TC Summary Opinion 2018-27. Bottom line, a licensed real estate agent deducted mileage for visiting houses f...
Oeun Sok
I’m 22 and I want to start now
I’ve been interested in renting, owning, and selling properties. I have support from my family(in law) that are interested in starting as well. So finance is something I’m not too worried about at the moment as I work...
Greg Robinson
If i find a property, then I find an investor for this property
What if i find a property, then I find an investor for this property. Could i sell them the property with a finders fee that I add?
Steven Taylor
Writing off travel to look at potential rental property
Hi,
I am looking for a bit of advice on travel expenses, I am looking to travel to another city to look at rental property. I am currently owning all my rental property in my name (not LLC), and I am looking to acqui...