Daniel Sar
Tax questions regarding rental property
Hello, so I own a 2 unit property, I live in one unit and rent out the other. I bought the property in 2022. We renovated the unit the tenant is living in and spent 35k. I pay the the water bill and pay for the intern...
Diego Maramba
Convention Loan Seasoning Period Prior to Cash Out Refinance
I am planning to use conventional financing with 20% down to purchase my first rental property. Plan is to allocate 1-3 months for rehab, rent, then refinance. Standard BRRRR. Assuming I did my research/math right and...
Richard York
Silent Investor Problems
Hi all,I've got a bit of an issue and would like to see if anyone has any advice for me. I made the mistake of investing with a family member and this person now wants to pull out of the deal after 3 years. We had a...
Sam Leon
Guest Parking at a multifamily residence
In a 4 plex (one 2BR unit and the other 3 units are 1BRs), where in the lease agreement I have explicitly stated parking allocation is one parking space allocation per bedroom. Total there are only seven parking spac...
Matt Streeter
1031 rental properties into farm land
We currently own two nice duplexes, they have been totally redone and are set to make money. we never intended to sell them, so have accumulated a lot of write offs against them since we started in 2019. this year w...
Michinori Kaneko
Capital taxes on sales of house hack homes
Hi I wasn't planning on a house hack but I have a house that I'm considering renting out portion of it. It's not a multi family, it's a SFH. The question is on capital gains tax treatment when I sell the house down t...
Eric Williams
I think cost segs are a little overrated
So I have a Masters in Accountancy a Master in Taxation and CPA. My last firm had a real estate agent who brought in clients with up to 40 properties. None of these people cost seg for residential. When I see costs se...
Doug Effinger
How does syndication depreciation work.
As an owner of a couple of duplexes I have benefitted from depreciation over the past 20 years. I am now looking to move into passive investing and still want the benefits of depreciation to lower my taxable income (i...
Ian C.
I need some advice on a 1031 exchange
Need some advice: Doing a 1031 exchange from LAX to PHX. Property will probably get 5.6 million to use for exchange. Want to buy 3 properties with a loan. Any recommendations such as accommodators, things to watch out...
Robert C.
From $1 million to $100 million?
There's a question I've been wanting to put out there for a while now. There's a ton of information out there for "getting started" in real estate, and "becoming a millionaire", etc. There's not much literature about ...