I am looking at selling and investment property and would like to do a 1031 exchange.  Their is a possibility that the new property I purchase for the 1031 exchange will eventually become my primary, owner occupied re...

My sisters and I inherited 34 acres in Florida when our mother passed. The property is in all three of our names. I placed a mobile home on the property as my primary residence about a year ago. I am currently thinkin...

Hi everyone! I'll try to make this as simple as possible.My business partner and I are opening up an LLC in Arkansas but the process is held up for 2-6 because our registered agent had to fax a form to the IRS to rece...

Hi everyone, I have some questions about how to set up LLCs for my properties and would love to learn more about your expert opinion. Currently, I have two rentals. One is in California (I currently live in this state...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $215,000

Cash invested: $50,000

Sale price: $349,999

My wife and I purchased the home from a friend whose demen...

Hello all:If I have purchase real estate (a house) within my SDIRA (self Directed IRA), what happens when I retire?Do i just take income from the IRA?  Or have the IRA sell it and take the money from the IRA?  If so, ...

Could someone please tell me the different tax implications of income from a) my single family rental and b) the income I receive from my k1 partnership in a multi family apartment, and c) income from loans made I.e m...

Investment Info:

Single-family residence buy & hold investment in Kissimmee.

Purchase price: $140,000

Cash invested: $10,000

Sale price: $291,000

It was a decent Investment. I'm looking forwa...

Ok, Here is the scenario.... My partners put our first property under contract.  They own another business for which they have a line of credit available.  We are purchasing a Single family home to either wholetail, r...

I will try to keep it short, any input would be greatly appreciated. I own 1 rental property with a partner. We started an LLC and filed an SS-4 to obtain an EIN in order to open a business bank account so we could ha...