I have been studying the wholesaling process and see that there are two methods: Assignment and Double Closing
From what I have read, it seems that double close would be the cleanest method.
A couple of questions th...

I flipped a home in Arizona and wrapped 60K rehab funds in the HM loan. Is this a expense or is it counted as a gain at close? If it is a expanse what IRS publication addresses this item? I count cash in and cash out...

Hey BP!My cousin and I are slowly working into a partnership. He recently refinanced one of his rentals and doesn't know what to do with his money while we find a deal. He doesn't want to let it just sit in the bank a...

One of the biggest "costs" of rehabbing is the tax hit. But if we could extend the sale out 366 days then we're paying long term capital gains instead of dealer income.

Just thinking out loud here: what if th...

Hi BP community,I own a condo/townhouse in a San Diego beach town that has appreciated significantly since I bought it in early 2013.  I would like to cash out the significant amount of equity in it to remodel my prim...

Hey All,My parents are going to sell their primary residence they've lived in since 1984 in a suburb of Boston. It's a triplex. For the sake of simplicity I'm going to round the numbers. They bought it for 100,000 and...

I am in the process of selling two vacant residential lots that will result in a long term gain of about $120k total. I do have a passive loss carryover from last year for a self storage investment. Can I use that los...

I am new to Apartment Syndications. Trying to get ideas on how can I efficiently join with 1031 in place or should I avoid 1031 with TIC. Background: Selling my SFR in Austin Investment Property and thinking to put mo...

Hi everyone,
From what I understand about short-term real estate gains, a way to avoid them is to buy another and do a 1031. Are there other ways to shelter the gains from tax? The amount will be between $30-40k in g...

Looking for ways to turn this into non taxable cash or just purchase something to avoid taxes.I'm on my second 1031 exch but later found out that I can't use the funds to improve on already purchased land so I'm a lit...