Is there any update on the GOP tax plan and changes to IRS Section 121?
Last I read, it was proposed that the capital gains tax exemption requirements may change. The requirements for a tax free sale would require y...
As part of my partner and I's year two growth strategy, we will each be purchasing a duplex with an FHA loan that we plan to separately house hack for two years (me with my girlfriend, he with his current roommate). ...
Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...
Does anyone have experience with parent to child real estate transfers in CA? I understand there is a mechanism that allows a child to buy a home from their parents and retain the original real estate tax basis under ...
Two coworkers I know have agreed to the sale of a house - the one is retiring and selling it to the other. They are not using an agent. The Seller appears to be friends with a person at the title company who is faci...
I'm in Memphis and have a rental that I'd like to sell. I paid just over $100K 3years ago but think i could make $60K+ on it. My tenant just signed a 1 yr renewal in Sept. Can I can legally asked the tenant to move an...
Hi all!I'm looking for opinions both in favor and against my current decision. I feel that the "sell" option is a better one at this point, but am interested in hearing your thoughts! Here's the situation:We own a ren...
I’m hearing this new CGR could be a very bad thing. I’m not discouraged, but would like to get some guidance on how to maneuver it so that I can help my wife (and myself) purchase with confidence.
Hi all! New to REI here, so any input or feedback is very appreciated! I currently have a 3.75% 30 fixed mortgage on my primary home, and looking to dive into my first investment property. I'm looking into multifamily...
I just read 5 books (out of print, published between 1979 and 1986) all related to wealth building thru real estate “trading and exchanging” (not for tax free exchange).
These were the most convoluted, confusing, and...