The seller is doing a 1031 on a property I'm buying. Can he do seller financing on a part of the purchase and still do the 1031 with the cash received? Is the note balance considered boot?
Hello, I'm planning on purchasing a property in Tampa Bay. My plan is to flip the property, rent it out for a bit and sell it within 2-3 years. Being Canadian, what would be the non-resident withholding tax on the sal...
Hello Oklahoma City Investors! I recently came across this podcast a few months ago, and have been listening to the podcast and some of the audio books recommended and feel that if I do not reach out to others in the ...
Hey guys, so this is the situation.I was gifted a paid off single-family home recently. the property needs a bit of work here and there but overall it is in great condition!I plan on fixing it up a bit and selling so ...
Hi all, I am a new BP member, mostly trying to read up and getting my way around on the site.I moved from New Jersey last July and rented out my condo - making it a rental property. I bought a home here in Kirkland an...
Hi, I was wondering if anyone out there has experienced this scenario before. I physically resided in my primary residence for 22 months, then was sent out of state for a year-long training course. I fully expected to...
Does IRS publish the various codes (maybe a book or a pdf document) that I can read up ? I am interested in knowing more about Tax saving techniques via RE investing.
Hello everyone,
I currently have two airbnb set ups here in san jose. I am renting the properties and subletting using airbnb as the platform to cash flow. Just curious if anyone else has done the same? Has been work...
So I was recently on the hunt for a new CPA, one that focused on Real Estate strategies. One interesting strategy he mentioned that really stuck out to me was "forcing depreciation". He didn't elaborate too much on th...
Looking a purchasing a condo in the myrtle beach area. The unit I'm looking at has a vacation rental company that manages the rental. From what I've been told all the condos in the building are put into a rotation, wh...