This idea just poked my brain and I am wondering if it works or is realistic.
Say you have a portfolio that cash flows $100K annually, and you own a property free and clear. You refinance your free and clear property...
Hi, Is it smarter to take the distribution on my self directed IRA in real estate and pay taxes now verses keeping it in the self directed IRA and pay taxes later when I sell. The property is a rental property and i...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $193,000
Cash invested: $35,000
Sale price: $272,000
This was my first purchase as a real estate agent. I sold ...
I know there is a ton of information out there regarding LLC and CPAs, but on a recent BP podcast they mentioned the order you do some this stuff can impact legal and tax implications.I'm getting ready to pick a prope...
So I’m looking to sell my primary residence and found a potential buyer that stated they would like to buy my home seller finance .My question is, what are the tax implications for that . I bought it for about $80,000...
So. I've read some real estate books, and I would like to make the leap into buy-and-hold real estate investing. I've started by researching which cities have the best market to buy properties using the criteria of pr...
Hi Everyone, I'm looking for some insight on how to reduce my taxable income. I already have a Roth IRA (Vanguard), but just recently heard about the backdoor IRA on the money podcast and was wondering if I would have...
I know this has probably been talked about to death on the forums but I'm just looking for a little bit of advice. So I'm 23 now with a good job and income for my year between college and graduate school. I have been ...
Does anyone have Legal/Tax advice? I'm crunching some numbers and would like to propose to my mother-in-law who has already allocated in her estate plans to gift our two daughters $30K each (x2=$60K) for their college...
I am looking to purchase a house from someone who has owned the property for 20+ years. Their cost basis is ~$250K and the home is now worth ~$2.5MM. This is their primary residence so they qualify for the $250K Secti...