Hypothetical situation: Sale price-500kCost basis-300k-50kdepreciation =250k1-Let's say at closing I want to place 400k into the 1031 and the remainder-100k- I would like to cash out at time of closing. I'm trying to ...

In today's market, it can be hard for some people to tell what they should do with a specific property. So I asked myself, in todays market is it better to fix & flip or buy & hold?Deciding between fix & f...

Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estima...

Good evening,I am getting ready to list a new property on AirBnb/VRBO and I am wondering what the best way to handle Hotel/Motel and Sales Tax.  Since this is Georgia, I have confirmed that AirBnb will NOT automatical...

Hey BP,I'm finishing up my first BRRRR deal in Indianapolis, and I have a great team in place. BUT, I'm thinking about moving to a different market.Indianapolis has a special real estate tax equal to 2% of appraised v...

I wondering if I transfer the cash out pension to a SDIRA for RE investments or just withdraw cash over 5 years and deploy cash each year into RE?

I was listening to the podcast today - love the fact about where David was going into a property 90-120 days and flipping it.  Purchasing it for 75k putting 25 or 27k into and selling for 125k.  My question is this......

I bought my first property in July 2011 which is now fully rehabbed and rented. I purchased the property as a short sale for significantly under the value the tax appraiser based 2011 taxes on.

I've read up the coun...

Hey Everyone, So here's what I have:I'm in the St. Louis area and the property I'm looking at is a 4 unit 2 bed 1.5 bath townhome asking price is $599,900, I'm assuming because of the many repairs it listed such as ne...

I want to share something here. If there is still a question whether to raise or lower tax rates, please back it up with facts, or history, please.

This lesson will come in 3 parts.
Harding and Cololidge period

part...