Making a $300,000 profit from ONE rental?! Imagine how quickly you could reach financial freedom by raking in this amount of profit and reinvesting it into your real estate portfolio. There’s an investing strategy tha...
Hi,I got this family that have two homes for possible sale one is a 5 bedroom 3bathroom and 2600 sq in a good location in Fairfield Ca. They haven't make any payments for 6 months and have a second loan on it. On zill...
A new capital-gains deferral option was created by the tax act Congress passed in December 2017, which created a set of "Opportunity Zones" nationwide. According to the law Qualified Opportunity Funds (QOFs) can be es...
I took out some equity on one of my investment properties in 2015 and I am buying another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, can I defer the capital gains tax?
Palm Beach Real Estate: A Closer Look at June 2024
Single Family Homes: A Dynamic Market
Closed Sales: Palm Beach experienced 1,269 closed sales of single-family homes in June 2024, an 11.13% drop from June 2023's 1...
Opportunity zones can offer great tax incentives that encourage real estate investors to invest in underutilized and low-income communities. They have become even more popular recently so here are some of the most com...
I have an opportunity to purchase a home in Tampa without listing my current home for sale. The only thing is it would drain my savings lower than I would want but gives us an opportunity to keep our current home as ...
I have created a substantial amount of capital through the stock market and want to transfer to real estate. I was wondering if anyone knew if there is a way to transfer without paying capital gains tax. Is there an e...
Hi BP, I am in the beginning stages of selling my home. I do not have a replacement property right now but was wondering if there is a way to avoid paying captial gains tax without doing a 1031 exchange? Per my accoun...
I was wondering if there are any tax deferments for selling of a 2nd home and using proceeds to lend to someone for an investment property. Do the standard tax deductions apply when selling a 2nd home? Can you roll th...