Account Closed
2 Year Capital Gains Rule
I'm looking at selling my personal residence at the two year mark so I won't have capital gains. My question is I bought the property on 3/28/14, so can I sell on 3/28/16 or do I need to wait until 3/29/16? Also take ...
Russell Brazil
How Much Is Your Bigger Pockets Profile Worth?
Have you ever seen those sites such as Twalue that will place a dollar figure value on your twitter account? As we all know a digital media presence can have a large monetary value as we see in Twalue, or in the sales...
John Parker
How to prevent mom from taking everything? Real estate contract or Family Limited Partnership
Hello, my name is John. Great website you have here I have been reading for quite a while. I was trying to find a solution to the following problem and was wondering what the best course of action would be. My ...
Farhad Shir
Foreign Tax withholding for Canadian investing in US real estate
Hi I am Canadian investor in US real estate . Does anyone have experience with foreign tax withholding when foreigner flip and sell investing property in United States? I heard title company or escrow companies depend...
Account Closed
Realtor listing of my house has been wiped out since filing complaint
I listed my house for 6 months,it ran out ,new one was never signed.Realtor continued to show my house and list it on her site.2011 on into 2012.Realtor had a lady wanting to do a contract for deed [a friend she said]...
Daniel Ahern
My First House Purchase
How did I get so hooked on Real Estate? I got CRAZY LUCKY on first deal!!! Here's the story.I was looking for a place to rent New York - working "upstate" in Ossining. My mega smart uncle drove a cab while studying...
Eric Smith
1031 exchange with a related party
Hi, we are trying to do a 1031 exchange by selling our rental condo in exchange for a single family home rental. Our condo would be sold to an unrelated party. Our new single family home rental would be purchased from...
John Khadiyev
Buy and Hold tax deductions
I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...
Timothy Metra
Can I buy my personal home through LLC? (Live in flip)
I'm not sure if this differs by location, but if I buy a home and live in it for at least 2 years, I can sell the property without paying capital gains tax on the profit.I was wanting to do a live-in flip. Buy a home ...
Kevin Fitzgerald
Famous question, Sell or Rent?
Help! Should I sell or rent my current residence?? Had some life changes, and like every plan, time to pivot.
IF I SELL: Assuming it sells for $350k (Appraises for $371k) I should have about 90k equity. I have a 30...