Greg Martin
Decpreciation Recapture question
Hey everyone,This is probably a basic question, but I couldn't find an answer on here. I came across a seller who wants to sell her property, but she thinks that she can't sell for some reason. She said that a CPA a...
Shane Benson
To sell now (November 2022) or try to rent it out?
Hey Guys! College student here, graduating December '22 (2 months from now) I will be relocating from Lubbock, TX to DFW area in January (with girlfriend getting a job there, I don't have one lined up yet) I have 3 pr...
Sharma Parth
newbie BRRRR investor - does this sample deal look good?
Hi - just starting to get into the BRRRR deal concept - here is an example of a deal that I am getting.I am considering doing a flip vs buy and hold. Again the below is just a best estimate - Do you guys think I'm fac...
Cam Smith
If I add a childs name to my house title as a joint tenant how do I use the lifetime gift tax exemption?
Hi everyone, I was thinking about adding my son as a joint tenant to a rental property I own, If I do this it would probably be the equivalent of a $30,000 gift. I heard that there is a life time gift exemption o...
Jay Yoo
Tax Implications for Limited Partners in multifamily syndications
First of all, thank you 🙏 much for your time in advance helping me understand the tax implications for multifamily syndication deals. I would like to be informed as much as possible so I could answer any questions for...
Clint Worland
Franchise Tax Board got me!
Looking for some advice on how to avoid the our lovely state of California dipping into my pockets when i sell my Flips. I recently sold my first two flips and got hit with the 31/3% FTB tax on the total sales pric...
Paul W.
Any tax implications for cash out refinance?
Are there any tax implications when you cash out refi on a rental? If your lender allows a 80% LTV, you just get a check after closing and no worries ?
I'm curious if people do cash out re fi to their max LTV and the...
Scot Howat
Taxing on "net" proceeds on a HUD
How do I avoid taxes if I use my own funds for the rehab costs and downpayment?Other than a 1031...ExampleIf I put down 20k (20% of 100k purchase price) and put another 20k into the rehab and sell it for 150k, I would...
Dario Miles
Basic question about cashflow and refinance.
Hi there,I'm brand new to realestate, haven't made any purchases aside from my current main condo my family and I bought a long time ago.I currently live on my own in the condo. The mortgage has $96k left on it, it's...
Larry Johnston
Capital Gains Sell Rental to Pay Primary Residence Mortgage
Capital Gains Question
In the next year or two my wife and I and planning to move to the Dominican Republic.
We own 3 properties here in USA
Property #1 Rental owned free and clear, Valued at $250,000.00 with $125...