Stanley She
Deferred gain is MUCH less than recognized gain, why
I bought a rental property 7 years ago for $198000. Last year, I sold it for $400000. For the sake of simple discussion, let me ignore all purchasing and selling costs. So, my gain is 202000. Within one month of the s...
Jay Robertson
Tax consequences - passive loss and sale of multiple properties
Hello, I became a small-time real estate investor/landlord (more by brute market force than by choice). I have been browsing this forum for many months and have learned so much. However, I cannot find the answer anywh...
Jeremy Geng
Buying Own Property Back
Lets say I own 2 properties. One property is worth 200k with a 100k of debt on it and another property is worth 100k with 100k of debt on it. Can I sell the 100k property to another investor for $1 and then sell my ...
Lucas B.
Investing in oversea property
Hi guys,I am thinking about buying my first property abroad. I would like to take an advantage of existing attractive currency exchange as well (while the dollar is strong), among few other benefits. What would be the...
Isidoro Leon
AVI Homes Duplexes in Kyle - 1031 Exchange Question
Hello BP Community, I currently own two fourplexes free and clear in south austin that were built in the mid 1980s. The area has been getting rougher in the past 10 years but probably still Class C and all (2/2) unit...
John Moorhouse
Dropping out of High School.
I want to build a real estate investing business. I want to buy and hold, I want to rent I want to do BRRRR’s and I feel like High School is holding me back. I also want to get a job working with GC starting out as a ...
Robert Iovine
Taxes on Flips (1031 Exchange)
Can you utilize a 1031 (LKE) to avoid taxes on a flip if the home is in owned personally? Or does the home have to be owned by a company to take advantage of the a 1031?
Kristi Kandel
1031 exchange for house to 4-plex in nevada
Hey guys! I own 3 investment properties and just went into escrow on my first property that I'm selling instead of buying. I want to do a 1031 exchange and want to make sure I do it right. The home I'm selling is in n...
Greg D.
Holding savings in another currency
Last year when I went over to China the exchange rate was 7/1 and 12 months later it was 5/1.
What do you think about holding savings in a different currency? A while back i heard there are two Chinese banks with US ...
Doug Hinkle
1031 exchange with partnerships
Hello, I have a confusing situation regarding 1031's, and if anyone can provide some insight I would really appreciate it. Two of my relatives were partners on a duplex, and I bought one side of the duplex from them w...