Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...
** Seller Finance Question** HI Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business ...
Stock market investors are often so focused on growth that many do not realize how the leverage, cash flow, and tax-deferral of real estate investing can combine to produce potent returns. And when mixed with the powe...
Hello all, will be continued full time W2 employee but also starting new LLC single member. Next hour or so will register EIN with IRS, best selection I have found during discovery is to establish it as either 8832 or...
I know that you must live in a house for 2 out of 5 years to avoid capital gains tax, however, do you have to live in the house 2 out of every 5 years you own the property? For example, do you have to live in it for 4...
For a lack of a better way of asking, what is the best way to avoid / delay the capital gains tax from the sale of a flip house? When I spoke to my accountant she said that the 1031 was used as stated for an exchange...
Hi all,If anyone has any advice or can point me to someone that would be great…I have a few rental properties and I’m thinking of getting out. That means I have to deal with capital gains. I’ve heard of the followin...
Hi all. I've got a self storage deal under contract on a property I ID'd on my 45 day letter. To put hard numbers on this, let's say it's a $1m acquisition, and I'll put $250k 1031 proceeds into it and finance the o...
My son wants to buy my house from me & I will rent from him. This way I can retire & move back home, as I had to relocate for work.He would owe about $44,000. What is the best way to go about the sale, an atto...
I am excited to move to Austin and work helping to lend on investment properties. Also Interested in the Airbnb market for investment opportunities.