Morning all,We sold our house late last year in San Diego and ended up renting it out for the previous 6 months as initially our buyers didn't qualify. We spent almost $12k to get it rental ready (repairs, replacing ...
I’ve owned a rental for roughly 10 years but have never depreciated the property. I recently learned that I’ll have to "recapture" all allowable depreciation (taken or not) when I eventually sell the property, so this...
BP,Stessa was once (maybe still is?) a platform advertised for on the BP podcast...I have recently adopted it and am aggressively working through prior years' data to get the most out of the system. My question is if ...
I have recently inherited a property that appraised at over 650K. This property is owned Free and clear and has no mortgage on it. It has a paying tenant in the property.
I really want to do a Cash Out Refi (aroun...
I'm trying to set up an account with Agentpro247 and during the process I tried to use the promo code that Seth Williams has on his site but it comes back invalid. Does anyone know of a newer code that would work?Thanks!
Hello, I have a question. Say I have a net loss of 20k. 4 properties each have 5k loss. The allowed loss for each is 3k and unallowed is 2k. for next year am I allowed to carry over the net loss 20k? or just the u...
Looking to get any feedback on my first duplex deal. It is not a huge cash cow but property is in great condition and in an easy to rent area and hot market. Purchase - $259,900, 25% down (roughly $65,000), 4.375% ra...
Thinking about how to best structure a 1031....Loan balance: $125K...... Est net sales price( after all closing cost ) $310KEst net proceeds: $185K.... This would be the amount to roll over into 1031 and put towards n...
Hello,My husband and I are planning on purchasing his parents’ home and renting it out. The home in its current condition would sell for roughly $325K on the open market. His parents are planning to sell it to us for ...
I am trying to find answers, but they are hard to come by.
Let's imagine the following scenario:
I come across a person who wants to sell his retail store. Let's say he sells widgets.
So, my SD-Roth IRA buys the L...