Justin Summers
STATE TAX on Selling self Directed 401k Trust owned home
Question.. I'm selling a rental owned by my self directed 401k and all the proceeds are going back into my 401k.. This is in Maryland.. The title company is unsure if they should withhold the state 8.25% witholding of...
Matt Johnson
Capital gains on primary residence question
Hello all,
Reading through the forums and am learning a lot. Seeing if anybody has any out of the box advice
Bought my first house 12 years ago for $398k, fixed it up and sold it last year for 1.225 mil. It was my...
Ray Mungia
Using Self Directed IRA's to purchase FlIps
Has anyone used a self directed IRA to purchase real estate? If you buy a property, renovate it and flip it, do you still pay taxes on the profit if you put all of it back into the IRA, including the amount you pulle...
Daniel Dietz
Seller Financing for Portfolio of Homes - Good, Bad, Etc...???
Hello,I am in VERY early stages of possibly being able to buy a portfolio of properties from a local investor who is well into retirement and might be ready to bow out. For simplification, Ill use round numbers. I wan...
Symone Gordon
Purchasing Second Multi-Family Property
Buckle your seatbelts - I'm a newbie with a lot of questions :)I just purchased my first property in January - A duplex. I purchased it using an FHA loan with tenants already in place. I'm ready to refinance it for a ...
Angel Negrete
New member introduction
Hello everyone, I been a member for a bit but never really introduced myself but something has changed. I am just a newbie to the real estate investor world but been reading many books about real estate investing for ...
Brian Simental
First time purchasing
Any Advice on how to start an investment property? My wife and I are looking to purchase a property as an investment should we start off with or without an LLC?
Connor Smith
City Tax Assessment After Purchase
When buying a house for a price that is higher than the current assessed tax value would the city always raise the taxes up to match the new purchase price? I was wondering if this varies based on where you are buying...
Paul Lee
Haven't owned investment for 366 days and prospective tenant wants an option to buy
HELP all advance 1031 professionals and CPAs. I have two CPA's with 2 opinions and now I want the communities opinion. So I listed an AZ property I bought as a 1031 replacement and closed on 6-30-22 for rent @ $6000 f...
Steve Wright
Determining Home Depreciation Value from Tax Assessment
This is the first year my prior home became a rental and I understand that depreciation is only for the value of the home. I looked up the tax assessment and the total is less than half of what I paid when I bought i...