Can you utilize a 1031 (LKE) to avoid taxes on a flip if the home is in owned personally? Or does the home have to be owned by a company to take advantage of the a 1031?
Hi,
I currently own three multifamily homes in Jacksonville Fl. I'm new to this site, so if I leave out any needed information please let me know.
I will be relocating for work in 1-2 years out of state...
Investment Info:Single-family residence buy & hold investment in Dallas.
Purchase price: $700,000 Cash invested: $140,000Purchased 7 SFRs in the DFW area late 2017. What made you interested in investing in...
Hi Everyone-I am looking for a mentor in the Great Lakes market (targeting Wisconsin but open to other areas).I purchased my first “LTR”, which my parents currently rent from me for about half of the mortgage. I’m not...
Hello BP, I've been looking up the nuances of this gain exclusion but wondering if there any any people here who have managed innovative ways to meet this primary home capital gains exclusion rule while getting creati...
Hello BP Members - I have a self directed IRA (traditional) and plan to use it in a flip transaction with a friend of mine where the IRA would only be an equity partner. Is this a strategy I should use? Will the IRA b...
If I have this right. I have a house I have lived in for 2 years that is worth 500,000 and I have to pay taxes on any capital gain off a property that is over 250,000. Can I Cash-Out refinance the Property to where I ...
I'm currently thinking of biting the bullet and obtaining a license through AZ. I want to be able to have access to certain parts of the MLS and not wait around for my realtor whenever I want to see a house is my main...
Hi, I am very interested in gaining real world exposure by shadowing an experienced investor here on Oahu. I also desire someone who has made investments on the mainland. I am slowly building my network and am taking ...
Hi all! First time poster here looking for some advice. I work a Corporate 9-5 (Risk Management and Insurance) and looking to get out of the rat race, and have recently started researching REI. I have started with epi...