Grant Hibbert
sell or hold-rent primary residence
I'm looking to move into a new home in which I can rent out the basement - but trying to decide what to do with my current home. My current home has appreciated a bit since I bought it 3 years ago and other houses in ...
Christopher Young
Looking for some savy advice about moving a house to a trust!
Long story short my mother has worked as a hair dresser for 36 yrs and its time to retire. Social security is a joke but we have one card to play. Based in NY her primary residence of 40 years has appreciated exponent...
Bryant Harvey
Capital Gain Taxes
We are looking to sell a couple single family homes in Indiana. We have held them for 8-10 years. Is it better to sell them in different years to save on the capital gain tax? I've heard that if you sell them both in ...
Jim Stepan
Taxes on Flip Profit
I have just gone into contract on my latest flip and will be making nice profit of around $350K! This is our largest profit yet and wanting some input on ways to save on taxes. We have a CPA but looking for other idea...
Michael Ashe
Starting out decisions without a ton of money
2nd time in the forum asking a "Get Started" question.My girlfriend and I (soon to be married) own our current home and are 3 years into our 30 year on a 3.75% rate. Between appreciation and our payments we have 50K-7...
Mark Sandoval
New to real estate investing, do I need a business bank account?
Hello, I am new to real estate investing and currently have my first investment property under contract. I read in the book on Rental Property Investing that I should get a business checking account for income and exp...
Todd Luong
1031 Exchange Question - Getting a big property tax proration credit from Seller
1031 Exchange Question - Let's say the investor has already sold her relinquished property (which was owned free and clear with no debt) and afterwards has $325,000 in 1031 exchange funds available. The investor is no...
Account Closed
Back Door IRA Anyone?
Goal: Stuff my self directed ROTH IRA.Currently have an employee 401k (pre-tax only I believe), Oregon College Savings Fund (oregon income tax deductible), and no traditional IRA. Is there anyway to funnel these accou...
Sheldon Zimmerman
Cost Segregation for 1-4 units
REAL ESTATE INVESTOR MONEY TIP that I just did and it will save me a lot of money on the taxes this year (Approx 10k this year in taxes). And I highly recommend you use this. You probably heard a lot about COST SEGREG...
Bob Evans
Hiring my son - please help!
I have a question about the best way to hire my son to maximize tax savings.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental properties (not under the S ...