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Hi All,
got a tax question I been pondering... might be a dump dump question. so I opened a business checking and money market account. I put good chunk of my savings into it as start up capital. My question is if I...
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What are the tax implications on subject-to deals?
Does the seller require to pay a gift tax? Any capital gains? (Current market value - Original purchase price)
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Kansas City.
Purchase price: $5,470,000
Cash invested: $1,250,000
Touzi Capital & FTW Investments present the Historic ...
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Hello all,I am 23 years old looking to build long-term wealth from real estate. I have complete location mobility and can move to any city in U.S. My plan is to have an owner-occupied multi-family as my first investm...
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What are the tax implications for the seller in an owner-financed deal? I've identified an off-market property that I'd try to get seller financing on. They've held the property for a couple decades, and would likely ...
Hey BPI'm in the early education/planning phase of my REI journey, laying out a road map to financial freedom, and I'd really like your input.I am leaning heavily toward a focus on multi-family rentals and want to see...
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Currently saving up capital to a goal of $50K + to begin investing in either multi-family duplexes or smaller commercial properties with commercial tenants. It appears that the Indianapolis duplex market is very overp...
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So here's the story. I'm asking for good friend who for some reason doesn't and wouldn't join biggerpockets after we were talking about how great REI is. He was asking me what I would do. His father bought a multifa...
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I made a cash purchase on a rental property almost 2 years ago without a clear understanding of how to access what a good return should look like & how to leverage money. I haven't lost money on it but the more I...
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Hello BP community, I am in need of advice on whether to keep or sell a condo (2 bed, 2 bath) in LA (Frogtown/Elysian Valley) that I purchased in 2017. Complex was built in 2017 so no rent control.Purchased $480,000,...