Grant Stepanic
Fix & Flip Vs. Buy & Hold
In today's market, it can be hard for some people to tell what they should do with a specific property. So I asked myself, in todays market is it better to fix & flip or buy & hold?Deciding between fix & f...
Henry W.
8288-B Compiling my Tax returns for FIRPTA
For the past 4 years I have been investing in Commericial Real Estate and Land in Los Angeles, California. I did do one tax return in 2012 using turbo tax but I never bothered after because I was making more expenses/...
Mahesh K.
buyout of property in partnership ... what is my new basis?
Folks,My partner and I bought a house for $150K in CA a several years back. The property is now valued at $300K. My partner wanted to sell the property or have me buy him out for $120K. So far we have about 25K in acc...
Chris Redmon
Rental Income Tax Makes Me Hesitant...
Hey everyone!This will be my first post so i apologize if its being stuffed in the wrong area of the Forum. My name is Chris, I just purchased my first home at 26 as a personal residence. Ive always been a believer in...
Joe Minteer
Sold a rental for major profit, then bought other rentals with money.
So I finally sold a home and made a considerable amount of money. I took the money, though not all of it, and bought a number of new properties. How do you go about handing taxes with this type of situation? What k...
Manuel Vicente
Transfer to LLC and Capital Gains Exclusion
Hi!
I've been doing some research on this topic, but I haven't really been able to find solid information.
I have a property that I lived in for two out of the last 8 years, and because I moved out of the property d...
Abe DeHart
Cost Seg. Study on STR
Have any of you done a cost seg. study on an STR? We recently purchased a large cabin in the Smokies that I'm interested in having a cost seg study completed on. If we do a cost seg, are we able to count depreciation ...
H. James Lee
Depreciation Recapture - Qualified Opportunity Zone question.
I'm unclear about the depreciation recapture if I were to sell a property and invest the capital gains into a QOZF.Example: Let's assume I bought a SFR for $375k 10 years ago, of which $275k is depreciable. So in 10...
Ryan Ricciardelli
Legal Entity Structure Advice for New Investors
Hello All, I currently own two doors in my home state of Massachusetts but am under contract for 2 more doors (single family houses) out of state (Oklahoma). I am seeking feedback on what legal structures I should h...
Jayson Bell
Self directed IRA to save for investment properties?
I have been thinking about starting a self directed IRA to save up for future Realestate investments. Does anyone have experience using self directed IRAs? What are the pros and cons?