Josh Layhue
Potential deal on 5-units
I found a property near my home that is in a decent area. I live in an area where cash flow is fairly easy to come by but appreciation is low. The deal consists of two buildings on one parcel of land: a triplex and ...
James Madison
cash bought Primary residence to rental; capital gains and costs
I've read through 10 pages of threads on conversions trying to answer my questions and haven't found the answer I'm looking for.
Here's the background.
Primary residence (from 2011) purchase price: $10k...
Matt Everling
Benefits of using a self-directed IRA for multifamily investment?
Can someone set me straight on why I would want to use a self-directed IRA for REI when, as I understand it, does not offer tax benefits or liquid cash flow?
Jack B.
Can I rent my house out to my girlfriend then move in with her?
I'm hoping to capture some depreciation by doing so. Plus I look forward to 1031 exchanging it without having to wait to move out again and turning it back to a rental for a year before being able to do so. As it stan...
Kent Chrisman
SD-IRA and UBIT questions
I'm looking into setting up a SD-IRA with an old employer retirement account in order to get into a syndication but I have 2 questions:- I'm assuming that I will be subject to UBIT due to the operator/syndication gett...
Alan Faitel
the rule about 2 out of the last 5 years rule? IRS
My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...
Joel Schiffer
Selling a rental house and a vacant lot. What to do with the cash.
After sales i'll have about $300k. I'm experiencing analysis paralysis. If I want to save ~$60k in cap gains tax i need to 1031 into something. Or, should i just pay the tax and throw it into the S&P500? I fig...
Mike Kedziora
Sell my property and make 70k or rent and make 700 a month
been on before asking this but my profit from my house has gone way up. My property can make me around 70k profit right now if I sell but also can make me about 700 a month from renting. I have a place to go live with...
Sean N.
Huge tax shock that came back to haunt me.
So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...
Chris May
Sell highest value property? Cash flow vs appreciation dilemma.
I realize there's no "right" answer to this question, so I'm just looking for opinions or angles I haven't thought of.We owner occupied a duplex a few years ago in the SF Bay Area. We've since moved to North Carolina,...