Many people proclaim the wonders of seller financing, and claim that one of the primary benefits to the seller is the "minimized tax burden." Can someone please walk me through exactly how this works? I imagine the na...
Hi everyone. If a seller of a property does not plan on doing a 1031 exchange does seller financing save the seller from any capital gains taxes? Does the fact that the seller will essentially not be getting the full ...
Hey guys,Im trying to get an idea of how much a rental property could help with offsetting income taxes. Im looking for a SFH here in SoCal to rent out long term. The purchase price is 250,000 and the rental income is...
I'm about to acquire three doors (one single fam and one duplex) at a great price from a motivated seller. Should have at least $100,000 in equity between the three and they're all very much rent-ready. The seller n...
I’ve come across a multi family for sale that works for cash flow but it seems the taxes are on an assessment around half what it’s likely to sell for. I haven’t had the experience in buying a place with that much of ...
Hi I was thinking of whether I wanted to receive Credits vs a Price reduction for a property I'm purchasing in Long Beach, CA.As far as prop 13 benefits (for locking in Califonia property taxes) I could see a benefit ...
Has anyone cashed out their 401k after the CARES Act was passed this year? Was it difficult? I am considering cashing out and putting it in rentals
cliff
Currently live in nyc. Apartment is not cheap- but coming up with 20% Down (if not more) for a pad in nyc is expensive. Currently buying SFHs And MFHs
elsewhere while trying to minimize spending in nyc. People tell me...
I live in San Jose, CA and my office headquarters is in Vancouver, WA area. I keep traveling to Portland every month. I am seeking opinions to invest in rental properties in and around the Portland area. Is it a good ...
The 1% rule does not necessarily work in areas with high taxes. Investors in states/counties with high property taxes are finding this out the hard way.