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Results (10000)
Dyami Pike Taxes on rental income
3 January 2023 | 2 replies

I'm looking at renting out my primary residence as I move and get a new primary residence and for easy numbers I'll change them a little bit. If I rent my property out for $1500 and my costs on it are $1200 and I payi...

Phuoc Nguyen Family passed down property valued at 136k
16 April 2020 | 1 reply

I have an ownership of land that was passed down in the family worth 136k according to zillow, trulia etc. I know I should get a professional to asset the land value. The land has water / electricity hook up but no st...

Jacob Martinez 1031 exchange inquiry
7 February 2022 | 2 replies

Looking for information on the 1031 exchange. Is there a limit for how long you can use it without paying taxes on your gains? Does it have to be for a primary residence? Thank you in advance.

Charles Yant Pass, wait, or pursue? First time jitters ?
5 May 2021 | 0 replies

If you had a deal that would basically give one small rental house free and selling second house by itself would do about 10  percent gain on initial investment plus repairs, would you pass or pursue? Basic story is t...

Robert P. Tax Implications with buying house?
24 October 2016 | 3 replies

I just purchased a 2 family home which is being rented out. Are there any NEGATIVE things, tax wise, that come from purchasing a home? I know I can write off expenses, etc to help me out....but anything with a negativ...

Bryce Bradshaw Any advantage in Paying myself rent?
22 April 2018 | 4 replies

Hey quick question. So we are house hacking a duplex currently and I had someone suggest paying rent to myself so that if we are to sell it in a few years we would have a good rent history. Is that something people do...

Derek Meyer A Friend Wants in: How?
20 March 2021 | 1 reply

My wife and I are under contract on a duplex currently (purchase price 283). While I was telling a close friend of mine about the property he said to let him know when I’m purchasing my next property and that he has f...

Ethan M. How to think about cash flow & appreciation
10 February 2022 | 39 replies

I'm hoping to get some perspective from people here on an experience I'm having in current markets. I would like to put some money into a property that can bring in some cash flow, or at least break even, and I want t...

Ronin Crimmons Equity Rich - Need Advice
6 February 2024 | 26 replies

First, thank you for any advice or recommendations.  We would like to buy a bigger house and move up.I am equity rich on my primary residence.  Own free and clear with value estimate of 2.3 mil.  My cost basis is 1.1 ...

John Hyatt 1031 Exchange Questions - trying to figure out why or how to use
8 July 2015 | 12 replies

Hello, I am a newbie when it comes to 1031 Exchanges, I have a couple of questions. I have always heard about them, but don’t really know anyone who has done it successfully. Here are my questions: 1) Can you have mor...