I'm excited to share the before and after photos of my latest real estate flip! I purchased the property off-market from my employer, Rapid Fire Investments (a regional wholesaling company) at a discounted price of ju...
My wife owned a property before we got married and then moved into my property when we married. Her property is occupied by my mother in law and is now a second property. If we sell her property, will the cost basis...
Has anyone invested with Fundrise Opportunity Fund? If so, can you share your experience please. Originally, I had hoped to find/create an Opportunity Zone Fund in Sonoma but was not able to pull it off. Now I have le...
Hi - just starting to get into the BRRRR deal concept - here is an example of a deal that I am getting.I am considering doing a flip vs buy and hold. Again the below is just a best estimate - Do you guys think I'm fac...
Hi everyone, long time lurker, first time poster. Had a question regarding a partial 1031 exchange and how 1250 depreciation recapture is calculated, facts are below.12/1985 - 2 flat property purchased for $60k, resid...
I have a property that I turned into a rental 4 years ago. This property has increased in value $90,000 from the original selling price. What are the tax implications if I decide to sell the property without reinvesti...
Has anyone got their Real Estate License primarily to benefit your own investments? To save on the commission, to gain more contacts etc? Here in CA 6% is a big chunk of money, we fixed up our first investment propert...
My wife and I are going to be selling our house here in the next few weeks. We bought this home in September 2019 and initially planned to be here for 2 years before we sold to take advantage of the tax benefits but w...
Does anyone know if there are any special tax benefits in this situation:Buy a 2/3 bedroom house and have the child live in one of the bedrooms and rent out the others. Would I file taxes normally i.e. as if I am only...
Dear BPers,
I'm interested in learning more about Real Estate investing and taxes. We are getting close to amounts where our income might be too high for ROTHS (Have to check this after the standard deduction. We to...