Hi all! CAPITAL GAINS TAX — NEED HELP! 🙏I bought my first investment property in August 2018. paid $152k and have put in about $20k in renovations. It's currently rented for $1600 a month and I have it listed for $252...
Hi Everyone!I'm planning to sell my property next spring so I can officially pay-off all of my student loans. I bought it in July 2017, and house-hacked for about 8 months living in the basement and rented out the oth...
Hello all, I currently have two rental properties (sfh) located in Houston. I hope to do a 1031 exchange and possible purchase a 4 plex with the intent of my living in one of the units. Is this allowed in the state of...
I would like to sell a rental property and do a 1031 exchange to buy a property from my mother's estate (I am a beneficiary). I just learned this might be an issue due to related party.
I'm planning on investing in the Everett area as I would like to settle down there in around three years. This is my first time buying a rental house and I want to detail my trials and tribulations as much as possible...
Hi All,
I am considering doing a reverse 1031. Following is the scenario. I will buy a replacement property at $1M, with $500K down. After that, I sell the relinquish property at $450K, free and clear. The $450K will...
Can anyone recommend a good property management?
My first fix & hold just turned into a fix & flip. I need help with how to figure the numbers to make sure I don't get stuck with capital gains. Here's the deal...
3 months ago my husband & I purchased a ...
Hi BP,If you have an investment property that you did the BRRR strategy on but want to eventually do a 1031 Exchange, does the capital gains credit based off of the original purchase price or the new loan on the prope...
Hi everyone, I know there are tons of forum posts like this on here and I've given advice to a lot of them as well but I find it much easier to give advice to others than to myself :) So I have a rental property in De...