Ben Gradert
Selling my primary residence
I am looking for advice on what I should do if I want to sell my home if I have not lived in it for 2 years yet. I live in Austin and the housing market is insane and I want to sell my home and move to a more affordab...
Syed Rizvi
Tax Efficient Way to Cash Out of Stocks to Purchase Property
Hi BPer's,I'd like to convert some of my stock and bond holdings to cash and then purchase an owner-occupied investment property with those funds (using the FHA loan, probably less than 10% down payment). I have held ...
Ernesto Hernandez
Saving You Time Edition #3 - Real Estate Loopholes ($/Poor Dad)
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
Bilal A.
Can self storage facility owner/operator qualify for REP status?
Can a self storage facility owner/operator qualify as a real estate professional if it is their full time occupation, and meet the 750 hour material participation and greater than 500 hour rental real estate activity ...
Luke Johnson
Taxes, Multi-Family Live-In, and LLC???
My wife and I bought our first property in June of 2021. We are househacking a triplex where we rent two units out and live in the 3rd unit while renovating. We are now looking to move on to our next property. A famil...
Konrad R.
Is a 1031 exchange a good option?
I'm selling a property (land) and would like to defer taxes. I've been doing some research on 1031 and do not know if I even would qualify. One thing I have read is that the title must mirror one another (sale and new...
Derek A Griffin
Using a Self Directed IRA to Purchase RE investment
Hello all. I have been doing some reading on a Self Direct IRA for which an individual can take their 401k funds and move to a Self Directed IRA in order to purchase an investment property. I get the basic overview ...
Wells Mangrum
Charitable donations of real estate.
I purchased a gas station in 2018. Gas stations normally depreciate over 15 years. But I’m using special bonus depreciation to take immediate 100% depreciation for the full cost of the acquisition minus the land cost...
Account Closed
LLC, Tax Benefits, Rentals
Hello BP!
I have a question about using an LLC. Seeing as it is more difficult to get financing for rentals using an LLC when starting out, would it be an option to purchase a property in my personal name, then sell ...
Ronald Hayden
Tax benefits to owner occupancy in California?
My business partner and I are evaluating the possibility of purchasing the home that one of us is renting, due to the owner needing cash.Can anyone provide a pointer/advice on the tax benefits of owner occupancy for a...