Norm Kopesky
Rolling a 1031 from a tic, into a multi member LLC
I am part of a joint ownership structure on a large multi family property, several of the owners have used 1031 funds to join our project and we are wanting to roll that project into 1 LLC, with all of the original ow...
Victor Collins
1031 Exchange or Cash Out Refinance
Hi - I am looking to invest up to my next buy and hold property. I have a pretty good single family home with nice equity. I also have a pretty good tenant and the unit cashflows for $500. The debt service is almost ...
Dustin T
What to expect tax wise on this sale?
Purchase Price = $126,500
Sell Price = $185,000
Don't think it matters for this, but Debt currently on it = $126,700 (purchased with 103% loan).
Owned for 25 months
I was told an Excise tax in the area of $3500.
Ca...
Ivan Vasquez
Selling my primary residence w $1M in equity
Question about selling my primary residence in San Jose that has about $1M in equity. We purchased it for $550k in 2012 and now it’s worth close to $1.5M and hoping it will go higher since The Bart station will open a...
John M.
LLC or umbrella
I recently purchased a 5 unit apartment bldg. I plan on keeping it indefinitely . Cost to put it into a LLC would be approx. $4k because of transfer tax & LLC fee. Liability is my main concern! Should I just incre...
Sanjay Fernandes
Enhanced Homes Property Management
HelloI am using Enhanced Homes PM to manage a property in Davenport, IA. If anyone else uses them, pls message me as I would like to chat about a recent issue reported by themThanks
Patrick Flanagan
1st time 1031 exchanging
Hello, I’m looking to sell my 4 plex. It’s about 4 hours away from me and had become quite difficult to manage being so far away. I have a good amount of equity in the property and I’d like to 1031 exchange the proper...
Rocky V.
#31 Rental - Cost $305
Financed this M/H on 1 acre with a private lender this week. After all debits/credits I'm all in at $305. Purchased this property for $42K Cash on 1/6/15 (including all fees), rehabbed for $2558 (including all holdi...
Anderson S.
Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
5 Tax Mitigation Strategies Every Real Estate Investor Should Know
As a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio. Yet, many investors overloo...
Sean O'Keefe
BOI Report deadline and the enforcement of penalties are back as of 12/31/2024
I wrote this post a few weeks ago, below, warning real estate investors, with entites (e.g. LLC, S-Corp, etc), to file their BOI Reports by the end of the year to avoid being penalized up to $10,000 per entity. I also...