Jake Andronico
Reverse 1031 Exchange - Who has done one?
I have a client in Reno doing two reverse 1031 exchanges and we've been able to secure some great deals putting out some cash offers (both weren't even countered). I'm curious, has anyone else done a reverse 1031 exch...
Tiffany Miller
Motivated Seller Owes Back Taxes
I am waiting to hear back from my attorney, but I would like to know the opinion of some of the seasoned investors on this site.Long story short, this home owner inherited the house that he wants to sell. He is out of...
Gaurav Mehta
What is preferred Capital and how is it different from Debt
Hi,Can someone help me understand what is the difference between Preferred Capital and Debt when it comes to Real Estate. I understand debt being a loan that you have to pay over time.What is Preferred Capital. Couldn...
David Huynh
Tax question - Cash out refi? I don't understand
Hey guys,I'd like to understand the tax ramifications on cash out refinances. Is this a way to dodge paying taxes until a later date?Let's say I find amazing deals a couple times a year and purchase with cash. Purchas...
Martin Mick
Tax to down payment
If I had income from a rental property let's say 10k or so do I have to pay taxes on that 10k if I used it for a down payment b4 tax time?
Benjamin DeLeon
Creative financing
So I'm looking to finance my first deal,and I'm looking at investing with a family member through their financing. Since I'm a student I have low taxes,so I want to pass the tax benefits on to them, while retaning...
Mary Jay
please help to figure out the tax on sale
Hi guys,Will you please be so kind and help me out?I bought a rental property for 60K one year ago. I am selling it for 67K... So, technically I made a profit of 7K on it.I am in a 30% tax bracket..So does it mean I ...
Monte Mabry
Refi Loan Appraisal used for Tax Appraisal?
Good afternoon BiggerPockets!I am currently looking at a deal in Houston, TX that only cash flows if the property taxes stay where they are today or only go up slightly. The current tax appraisal is at $110k and the A...
Jeff Piscioniere
Tax proposal implications
Throwing a quick hit and run post out there because I️ want to keep it open ended. If you’ve read @Brandon Hall post on the House’s tax proposal his first “Biggest Loser” category sights short term rental income as po...
Sameer Jain
Property tax deduction in 2018
Merry Christmas . The new tax is a reality . I wanted to get more understanding on how will be property tax deduction on primary homes in 2018 . Is it capped at$10000 for both single and married ?if you live in high t...