This is a bit complicated. Selling a property, large gain, I am 50% owner, planning to separate my proceeds and exchange into another investment property. We are having to carry a small note for the buyer, 1st positio...
I am a novice investor who inherited the business from former husband 6 years ago and looking into doing my very first 1031 exchange. I am considering moving into up-leg property so I can rent out my residence to crea...
Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...
If I sell a property with Seller financing on 30 years term/No Balloon payment at all, when am I responsible to pay the Capital gains assuming there is neither early payoff nor foreclosure?For argument sake if there i...
Need help trying to figure out if I can get a deal on a lower commission with a agent on the seller portion with 4 properties... Help.
Hey EveryoneAs a new member of the BP community, I'm interested in learning more, networking, doing joint ventures, etc-- all the great aspects of business real estate offers. I'm still fairly new into the space, as a...
Are the changes to the IRS Section 121 still included in the tax plan? For those who don't know this excludes gains on the sale of a primary residence that was lived in for 2 of 5 years. The tax plan released earlier ...
In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
Thanks in advance for the advice.
There's a home that is close to my primary residence in Wisconsin where Wells Fargo has foreclosed on the first lien. The sheriff's sale has been delayed over the past 6 months and l...
HI BP,I am looking forward to my first wholesale deal soon. My distressed seller wants to get rid of his home but has a hefty balance left on it. Of course i want to make sure i get a good portion from this deal but i...