John Pearson
plan to sell home and keep as rental with no tax
young couple with spring wedding plans. Each owns SFR as primary residence, she with 2 roommate tenants .Plan---while they are still single,she sells her house to him,avoiding tax on any appreciated value, after wedd...
Burt L.
What Are Other Downsides to a 1031 Exchange I Can Tell a Seller?
I've been speaking to a seller who relocated out of state due to work in June, 2011. He lived there for at least 2 years, so if he sells before June, 2014 he can avoid the capital gains tax. His current lease with ...
Justin Dickinson
Austin, TX - Condo buy and hold
Investment Info:
Condo buy & hold investment in Austin.
Purchase price: $420,000
Cash invested: $10,000
Sale price: $680,000
I bought a 2bd 2ba Condo in a fast growth area of Austin, TX. The ...
Justin Dickinson
Austin, TX Condo - buy, live in, rent out, sell
Investment Info:
Condo buy & hold investment in Austin.
Purchase price: $420,000
Cash invested: $10,000
Sale price: $680,000
I bought a 2bd 2ba Condo in a fast growth area of Austin, TX. The ...
Justin Dickinson
Austin, TX Condo - buy, live in, rent out, sell
Investment Info:
Condo buy & hold investment in Austin.
Purchase price: $420,000
Cash invested: $10,000
Sale price: $680,000
I bought a 2bd 2ba Condo in a fast growth area of Austin, TX. The ...
Paul Hormann
Use ROTH and Traditional IRAs together for a JV?
Question for the CPAs out there... I have a lot of money in a traditional IRA right now from years in my 9-5, but am just starting a ROTH IRA. Is it possible to use both IRAs (self-directed) to form a joint venture a...
Tony Magallanez
Stressed Out! Advice Welcomed
I started my real estate investing career about one year ago. I am stressed out because I can't find any leads. I sometimes feel like a failure and thought about giving up. Also thought about playing the stock marke...
Yariel Rivera
Help with rollover and traditional vs roth 401k/ira
I just started a new job and am in the process of setting up my retirement. My new employer offers a 401k and they match 233% up to 3% of my base pay. I'm able to contribute to that as pre-tax or roth. I will definite...
Robert Dodd
Buy Duplex with Contract for Deed affects Depreciation?
CFDs are business big in MN, for sellers. Avoid foreclosure if buyer defaults, makes sense. Lets say I buy a duplex by signing a contract for deed. Without being on title though, can an investor (me) rent that dupl...
Takiyah Riley
Investment property..before primary residence?
Hello everyone, I'm new to BP as well as real estate. I need a bit of guidance please, what are your thoughts on purchasing an investment property before purchasing your primary residence?