Can you do a 1031 Exchange if the property you buy is a multi family and you live in one unit while renting out the others?
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*This link comes directly from our calculators, based on information input by the member who posted.turdy 4 unit apartment house one block from the heart of downtown Rutland. Two 2 bedroo...
Something you should consider if you are looking for a Real Estate Mentor...Most Great Real Estate mentors are investors. They haven’t got to where they are by just giving everything away. That being said, you are far...
I'm posting this in the Investing area since I feel investors will be more knowledgeable about tax implications.I'm trying to sell a family member's (my aunt) house in Queens, NY and convert it into a cash flowing pro...
Hi Guys, First post on here!I sold a warehouse that I owned since 2011 this January and did an exchange carrying over $1m into another commercial property purchase price $1.5m.Im currently submitting plans to the city...
I'm buying a duplex out of state with a partner. We're thinking of using one of us to finance the property personally (using an investment property mortgage), and then moving the property into an LLC. Here are some qu...
Hi everyone,
Not sure if anyone has talked about this before, but I recently started renting my garage as an airbnb (I live in the main house), and I'm curious to know if I'm aloud to depreciate the portion of the h...
We are getting ready to buy property number two, and possibly number three in the next couple of months. My wife feels like we should have a bank account for every single property we own. I guess that is fine with 2...
Disclaimer: I understand that I should consult a cpa for specific tax information. I listened to a podcast a while back (I believe it was Brandon Hall?) Regarding house hacking and taxes.Im unmarried and have not had ...
Hello, Does someone have any suggestions for an app/software for tracking expenses/miles for a rehab? Also if I purchase something to be used for the rehab from an individual, do I need to ask them for a receipt for t...