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What are the options for the exit strategies for 1031 like kind properties that are fully depreciated with zero tax basis left? Thank you!
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My wife and I have been house hacking a duplex (we live in the larger front unit; the back unit was a long-term rental first, and now we're experimenting with AirBnB). We are thinking of moving on to our "forever" hom...
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Well, not entirely, but you can shield more of it.
I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.
Let's say you make X a year. You ...
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Well, not entirely, but you can shield more of it.
I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.
Let's say you make x a year. You ...
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Hello everyone,This deal has a room to be creative so I thought lets take advice from the bests:Here it goes:ARV: 235KRepairs: $7,000 (Was completely remodelled in 2013. In great condition. NEW FOUNDATION, NEW ROOF)Te...
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I just heard back from an owner of a 4-plex, that I originally contacted late last year. He is ready to move forward. He has not made payments on the property for years, had filed BK and no LP has be filed yet (as far...
Hello BP family, I came across an interesting deal. I found a house that has people who are behind on mortgage and in pre foreclosure. The owner cannot pay due to having a stroke and wants to sell or have someone tak...
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What is the best exit strategy for selling a rental? I have two SFR that are currently vacant so I am considering selling. Is it smarter to sell when unoccupied and without a current rental agreement with a tenant?
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I always see “have a good exit strategy” but the only thing that comes to mind/makes sense to me when “exiting” a property is selling it.
What are some other exit strategies out there?
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Have a guy who wants to sell me a rental he owns..here are the details:4 br1 bath1100 sq ft2 car garageOverall condition of property is pretty goodOnly thing I would or might do is update kitchen and bathroom..probabl...