Kalle Maggio
1031 Exchange Question and Concerns
My husband and I are looking to buy a multifamily unit using the equity from our single family property. The idea is to move into one of the units of the multifamily, rent out our single family property, and eventuall...
Martin DeBono
Is Cash on Cash the right metric for me?
I’m probably in the highest tax bracket in the country - high earner in California where my marginal rate is 50.3%. I’ve been using CoC as the metric for my buy and hold investing. I’m targeting 8% to 12% CoC. My logi...
Michael Johnson
Seeking Open Minded Skeptics
Ladies and gentlemen, I believe I have stumbled across an awesome strategy. Its not magic, its not a miracle. But it seems like an incredible short medium and long term play.
Before I begin there are a lot of very s...
Sara Batool
Tax on Primary Residence sale within an year
Hello. This is my first post here. Thank you to everyone who makees this forum such an incredible resource. I've been able to find somewhat of an answer to my query below but hoping someone can confirm my conclusion.M...
Lauren Cutchen
Question on 1031 Exchange
I have a client who was gifted two residential lots that are prime real estate in California. The two lots have their own separate tax IDs and property taxes. She lives adjacent to the lots, but are fenced off. She ha...
Lori Williams
Turning rental into primary
Hi. I have a rental that I'd like to turn into my primary. NOT to avoid capital gains and then sell it after a couple years. This would be turning it into a primary and living there probably the rest of my life.So my ...
Jason K.
Should I sell inherited rental property ($700k)?
I inherited a duplex in Queens NY (East Elmhurst/Jackson Heights), which is valued at $700k—no mortgage. Been serving as the landlord for the past year.Rent is $3250/mo. ($39k/yr.), which is priced accurately for the ...
Bridey Moyle
Travel RN - rate changes and Fanny Mac push back
Hey all, I'm in the process of purchasing my first deal and all has been going well until my hourly pay rate has changed... How can I account for my living tax free stipend into my income? When I initially applied for...
David Brizendine
TAX LIENS & DEEDS TRAINING
My team and I are working to get into liens and deeds to help build up our portfolio as we have come into a large amount of capital from LP's. For those of you that have had SUCCESS in this space, what is the best res...
Alex Ng
Seller finance deal with balloon payment
Hi, so I have someone in my network willing to sell their property to me. I do not have enough capital for a downpayment. My strategy is to conduct a sellers finance strategy where I incrementally pay them at 5% inter...