Sale of Rental Office Building -want to eyeball these calculations -We are retired now, & our annual taxable income is 50k from the rental building & another 75 k from Investment Portfolio (Dividends + Cap gai...
two partners own a property together. One partner wants out of real estate investing altogether and the other partner wants to stay in. Can the partner wanting to stay in 1031 exchange only his portion of the property?
Thanks for reading my first post on Bigger Pockets. I need your advice. In 2015 my wife and I sold our home in LA for a healthy profit and moved to SLC. I knew nothing about real estate, but listened to my CPA and dec...
Hello BP, had few questions about seller financing. I know some one that is getting out of the rental game and selling his properties, few last year and some this year. He hated paying those sold properties obviously....
A long term buddy of mine just informed me he had purchased a 5plex apartment in California about 7years ago in which he would like to sell now. The property gained about 350k in value(Equity). Meaning if he sells he ...
It is my understanding that if you have a loan on a 1031 exchange and you sell that property you must carry that loan amount forward into the next exchange. I am considering a Delaware statutory trust and was wonderin...
After learning about the brrrr strategy and its benefits are there any of you that use that every single time? I'd imagine it would help you build up your portfolio quicker by taking your or part of your cash out. Wha...
What is the best way to structure rent credits on lease option deals? I understand that there may be dodd-frank issues there, but how does one create incentive for the Tenant/Buyer to where they are somehow chippin...
I am reading BP’s Tax Strategies book and I wish I had read it sooner. This should be required reading for anyone who owns RE, even if only a primary residence.My question pertains to passive losses. Due to the income...
I have been reading up on tax sale properties and the process of bidding at a tax sale.. does anyone have any tips?? The sale is October 2018 and i just want as much info as possible. TIA