Account Closed
How to sell with low tax bill - 1031 or 121?
My parents bought their primary residence 30 years ago for 250k. It has appreciated to 1M. For the past 5 years, they've renting it out and have been living somewhere else.
They want to sell it in a way that has th...
Nolan M.
Tax benefits of selling a rental property at a loss?
I found a seller who may want to sell my their rental property. They bought it 11 years ago for 87k and I want to buy it for 75k. Will the seller have any tax benefits from this sale? TIA
Stephen Aki
Converting ROTH to Traditional then to Solo 401K Plausible?
So, I've been searching for how I get my current investments into a Solo 401k. After doing some digging I found that I cannot roll my current ROTH into a solo 401k. I believe I can roll it into a traditional IRA whi...
Caleb Dryden
Should I put my rental (plan to sell) in an LLC to avoid C-gains?
Here's the scenario...My wife and I lived in this house for 4 years, rented it out the last 4 and are thinking about selling it. I'm wondering if there are any advantages to putting in an LLC right before I sell it in...
Bryan Stocklas
Live in rehab turning into rental. Advice on moving forward
I am currently living in my first house and in the middle of doing a rehab on the property to turn into a long term rental. I live near the Jersey shore in ocean county and was thinking about my next move. I was think...
Justin Lenk
Losing a Potential Deal - Seller Worried About Capital Gains Tax
I have a deal that I've been working with the sellers on and their accountant just informed them on the capital gains tax since the rental is in their parents living trust, they said they are no longer interested and ...
Lauren Brychell
Unraveling the Nuances: Delaware Statutory Trusts vs. Deferred Sales Trusts
Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...
Brandon Gates
Chicago Real Estate Independent Contractor
Bigger pockets community,
Hope that you guys are off to a phenomenal start to your weeks. I have been in a pickle over the last few months on how I want to approach my next rental project. A little rundown on my curr...
Adam Williams
25 year loan or 30 year loan on a refi?
We have just one rental unit (used to be our primary home), and I'm in a situation where I need to refinance. It's a 5/1 ARM and due to the increasing interest rates and two HOA hikes in just the last year, I'm now lo...
Marc McKinley
401K loan versus investing in QRP/solo 401
Hey BP nation! Quick question as I wanted to see what everyone thought about these two choices.Would you…1.) Invest $100,000 worth of funds within your QRP/Solo 401k directly into real estate or private real estate de...