can you avoid capital gains if you sell a house and put it in a sdira? Also, how are you able to pull money out to pay yourself and avoid the early penalty if possible?
I’m interested in buying a property, minimum of a 2-family to live in and rent. What would be the best way to obtain a mortgage if I am self-employed/independent contractor??
I have been living in my grandmothers house since 2013. In 2016 she passed away and I’ve been paying the taxes. The county sold her house and said it was tax lien sale. Apparently I was supposed to pay a higher rate b...
This is my first wholesale deal. I opened escrow on a home using my name on the contract and in between opening and now I’ve established an LLC. To avoid some taxes I asked the escrow agent if I could change my name i...
Question, To avoid capital gains at selling one must live in the house for 2 of the last 5 years. What if, the property I'm purchasing is a home, with a cabin on the lot and I live in the cabin, not the main living a...
I apologize if this has been answered before. I did a brief search and didn't find anything that answered my question. I'm wondering how private lenders get taxed on their earned interest as they loan money to RE inve...
Purchased a lot and have been building a home for my family for over a year. I relocated jobs to be closer to the new location (2.5hrs away from previous location; St. Louis to Camdenton, MO). Home is getting closer t...
most of the blogs and forums here, and also every other book i have read only talked about how to avoid real estate investment failure. i was just wondering, when can i tell when one is now suffering investment fai...
Hello all, new to the boards here, I have a question re my IRA and tax penalty - did a 50K draw (60 day rollover) from my IRA (Traditional) to cover some credit card debt and medical bills and had planned to redeposi...
Below is a question I have asked my accountant, but haven't really been able to get an answer that I can comprehend. Generally I am trying to understand whether it makes sense to capture renovation costs at the sale ...