Adam N.
Exchanging one flip for another fixer upper
Hello.
Anyone have experience doing a Construction/Improvement 1031 Exchange? I would be interested in learning more about the profitability and pitfalls. Thank you.
Rich Moore
Should I LLC for all my investing ventures?
Bigger Pockets has really opened my eyes to so many possibilities and strategies of how to take ownership of my financial future. I'm so thankful for BP and this whole community.I'm in my mid to late forties and loo...
Trevor Dominique
Tax Advice - Selling Failed Investment for Loss
Hey BP,Reaching out to get some advice from a tax strategy standpoint. I currently have 13 units and am looking to aggressively grow my business over these next couple years. I have one property that was a complete fa...
Susan O.
Renting to Family member - keeping as rental in 1031
Hi I wanted to 1031 exchange a SFR that's currently rental and upleg into an SFR and rent it out to a daughter. Would that be OK I would still accept rent and do depreciation etc but my daughter would live there and ...
Maxym Le Deux
Buying a house with life tenant - how to price?
Hello everyone,We are buying our landlord's house (2 floors) we both live here on separate floors. As part of the agreement, we will let our landlord stay for life. We will not be able to sell or rent the space our la...
Pankaj Kumar
How to defer/avoid capital gains tax on sold rental property
Hello All. I am new to the forum. Looking for guidance in relation to the sale of my rental property. I became an accidental landlord 3 years ago. I went to work for a company 3.5 years ago and bought a new constructi...
Michael Shadow
Sell your house to your llc then rent
Has anyone ever sold their primary residence to their LLC and then rented their home back from their LLC? I was thinking this could have some fantastic tax savings by expensing home maintenance/utilities/insurance, e...
Jared Kouba
Converting current primary residence to investment with 1031
My wife and I are looking to move into a new home. We are considering selling an investment property and converting our exisiting primary home into a rental. We would need to use the proceeds from the rental sale to...
Craig Ebersole
Referral for Washington State CPA Specializing in Capital Gains
Can anyone recommend a Washington State CPA specializing in capital gains? I am about to get laid off and may need to sell my house. I need to speak to someone to see if I can qualify for a capital gains exemption.Tha...
Barney Trader
Need tenant out of property I got in divorce settlement
So I got a divorce. My ex-wife (and myself but I am not on title) have a rental house. It is titled under an LLC owned solely by my ex-wife. She will not quitclaim the property to me until I sell or refinance the hous...