John D.
If rental is converted to owner occupied; then is $250K tax free?
Consider I buy a property and rent it out. Then sometime in the future I occupy it as an owner for 2 years and then sell it off. Would I receive the full $250K profit from selling the property as tax-free money?
Victoria Hartcorn
Cap Gains on Primary turned Rental - am I wrong?
Thanks in advance for reading. We are selling our condo and our accountant insists that we are not exempt from capital gains.
We purchased in March 2016 and lived in it 3.5 years until it was rented out for only 18 m...
Jeff Goedeker
Strategy for selling sfh into syndication opportunities
Has anyone been able to successfully navigate the selling of SFH’s so that they could invest in syndication opportunities with little tax implications?
Kay March
Delaware Statutory Trust (DST) 1031 Exchange - Costs vs. Capital Gains Taxes
While considering doing a 1031 exchange into a Delaware Statutory Trust (DST), I read that upfront costs for a DST can range from 10% to 18% of the invested equity. Assuming that no debt is involved, Is paying that co...
Joe Anderson
Best way to buy house "for" brother (hopefully w/1
So here's the story...I'm selling a property (business property) in the next month, and will have about a $370,000 taxable gain.
Meanwhile, my brother is looking for his first home, probably in the $175,000-200,000 r...
Jonathan Gray
Good idea to convert primary residence with $250k gains to rental
Hello everyone! This is my first post. I have been looking into the tax implications of converting my primary residence to a rental and have only grown more confused as my particular situation doesn't seem to be descr...
Jeremy Lee
Should I buy my dad's "deadweight" property?
Hi allMy dad has a 1br/1ba lower unit condo/apartment up in Alameda and is looking to sell it because:"don't want to deal with increasing HOA Mgmt Fees, additional liability Insurance, Prop taxes NONE of which will be...
Dan G.
Which cities in the US have the best rental properties?
Hello, My name is Dan and I'm new to Bigger Pockets and to real estate investing. There aren't many great deals in my area so I'm thinking about investing out-of-state and using a property manager. Where in the US can...
Rylan Zwanziger
Wealth Ability- formerly ProVision - Tom Wheelwright
I'm looking into some better guidance into tax planning and a new CPA as I grow my real estate business. Has anyone worked with Tom Wheelwright's ProVIsion or now Wealth Ability? I had a consultation with them and ...
Will Barnard
The Retirement Secret
OK, its no secret, just a catchy title for attention! Nationwide Property Investments has educated many on ths topic in live workshops and seminars around the country. I hope this thread clarifies and makes for an eas...