Tishanna Traylor
How can Captial Gains affect the sell of a rental property?
There is a seller who wants to sell her house but is concerned about paying capital gains? Does anyone have any suggestions. Thank You
John Corey
Achieving USA accredited investor status?
I am familiar with the tests that involve one's annual income or one's net worth.While researching the topic, I saw the following in Investopedia. In 2016, the U.S. Congress modified the definition of an accredited in...
Matt Ess
Turning primary to rental as pre-plan for future 1031 exchange
Hello experts on the 1031 topic,I have searched many posts on this forum and have found lots of great info on 1031 exchanges. I have learned A TON, however I don't believe I found the right answer to my particular ...
Chris Ghemm
What is the maximum rent increase for a Single Family home in California?
I rented my first home to a relative 6 years ago. We never increase for the first 5 years but then I saw somewhere that you can't rent your home to a relative for way below market price. I also read somewhere that the...
Ting-yu Tu
How costly or difficult is it to transfer property from an LLC back to the LLC owners
We, husband and wife and our children, live in a paid-off house (A1) with short commute to work.For the sake of better school district, we are buying another house (A2) and plan to live there for the next 8 years.We...
Ess Dee
Investing in Lincoln Nebraska - UK Citizen needing advice
I am currently residing in Lincoln Nebraska on a visitor visa. I have spotted some great deals but having trouble with financing. Although I am trying to go for seller financing with some of the deals, I would like to...
Ron Daugherty
Primary Residence with two lots tax question
Question for the Tax Pro's out there. We are considering the purchase of a home that include two city lots. Currently a home is on one lot and the lot next door is vacant. The purchase will be for both lots plus ...
Scott Trench
Where to Buy Municipal Bonds
Hi Folks - I'm interested in learning more about and potentially investing in tax-free municipal bonds. But, I can't even figure out what to type into Google to get started down this rabbit hole. Does anyone know wher...
Chris Yeung
City of Gainesville, FL rental permit needed?
I just received a notification that the property I own in Gainesville, FL requires a rental permit. This caught me off guard as I have owned the property (via self directed IRA) for 5 plus years and have not received ...
Beverly Caswell
tax on sale of home
My kids have lived in their house for a year and are now looking to sell. I thought if they put the profit of their current home rolled over into their next, more expensive home, they wouldn't have to pay taxes. ...