I have a client who may need to sell his residential non-owmer occupied property in Malibu California asap. His biggest concern in doing this is the capital gains tax he would have to pay on it. His property is worth ...
Hi, a couple of weeks ago I learned, from an answer to a question I posted on BP, that I can't 1031exchange earnings from the sales of mortgage notes. Does anybody know of any other ways to reduce the tax on those gai...
The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...
When calculating NOI or any of the other metrics that are used to determine whether a rental investment is worthwhile, why isn't the principal contribution in the mortgage ever considered as earned income?
Can I deduct my rehab expenses from my 1099 wage earned at work, to offset my high income? I make 93$/hr (193K a year) on my 1099 and my wife makes around 95000 a year salary. I also purchased a rental home and I am g...
Hello friends!I have a townhouse in Newcastle, WA that I purchased for $200,000 in 1999. It is worth $400,000 today. The cap rate is 1.68%. My mortgage is $65,000 at 3.5%.In 2016, my household will earn $160,000...
I have been in my home for 7 years and have accumulated some equity and wouldn't mind using this to buy a rental
So it recently occurred to me that I might be setting myself up for failure. Earlier in the year, I bought a new building, but instead of traditional financing, this time I used my HELOC to purchase it. The numbers ar...
My wife and I embarked on a new experiment in 2015, radical cost cutting in our personal expenses in order to invest more quickly in cash flowing rental properties. When I say "new", I simply mean new to us as this s...
Has anyone set up a partnership that raises money with a real estate broker where there was a conflict of interest about how to price investor money to procure property? There seems to be an inherent conflict of inte...