Sathiya Deva
Planning to invest in multifamily unit...
I live in Thousand Oaks California. I have one single family rental unit(zillow estimate $650000). I have a equity of $250,000. I don't have positive cash flow in this property. I have one rental condo unit in Simi Va...
Nick Scalero
Can I do this without taking a tax hit?
I'm getting close to retirement and have 3 rental homes. The least desirable of the three and the one that rents for the least amount is paid off. The other two still have mortgages. Can I sell the one that's paid ...
Account Closed
Should I sell or rent my townhouse?
I'm trying to decide if we should sell or rent our house in Baltimore.-Lived in it for 5 years as primary residence. 3.75% interest rate. Currently paying $1550/month (principle, interest, insurance, taxes). Still owe...
Chris Igard
Cash out refi to avoid capital gains
I have two scenarios I’d love some advice on. 1. I have a home I purchased 14 months ago for 475k. Someone made an offer I could not refuse for $725k. I owe 225k on the property. We close in 17 days. I was curious i...
Chad Rohlfsen
Leveraging Farm Land to enter the real estate investing market.
Hello, New to this world and recently inherited about 700K in farmland. I plan to start leveraging that land to pick up some properties. Plan on using Farm Credit for line of credit @ 3% rather than a regular bank@ ...
Eugene Cheng
Combine Home Sale Gain Exclusion with 1031 Exchange
Hello BPers,Question about combing a home sale gain with a 1031 exchange. My wife and I lived in our prior single family home for 9 years until 2017 then rented it out since (+2 years). The house has appreciated about...
Kumar Gaurav
Arizona vs Texas vs California vs NC real estate
HelloI have a choice of moving to one of the following places:Phoenix AZDallas/Plano TXCharlotte NCSan Francisco CAWhich of these places currently gives me the best bang for the buck from a real estate perspective. I ...
Helen Imhof
Capital Gains Tax
Hi,A year ago we sold our house that we had lived in for 5 years and made about 260K. We invested some of that on a rental property and built another house. We want to sell the new house and because we were the gene...
Mary Jay
What is the best entity to hold real estate- taxation wise?
Hey guys, Could you please help me out?Lets say I have one paid off property, if I put it into a trust- taxes seem pretty high...So its a no go...1) If I put it into a one member LLC then taxes are paid by the LLC own...
Zach Neff
Newbie to Real Estate Investing - Help
Hello everyone,
I am a "get to the point" type of guy so here it goes. In 2016 I bought house in Scottsdale, AZ. My first home at $300k. Credit / Income - everything was on POINT! Now it's 2020 and this 268k purchas...