Timothy W.
Obama witholding data on Cash for Clunkers while pressing Congress for more money
Isn't this surprising out of a Chicago politician? The administration refuses to release data on the "success" of the program, but is telling congress it needs more funding.
I don't know about yo...
Joshua Sun
Advice on how to pay for labor, equpiment and supplies first BRRRR property.
For labor we were thinking of using our business checking account to wire money or even use Venmo through our business account.For things such as furnace, flooring, paint, lighting, etc. we were thinking of using our ...
Justin Juhan
Renting Primary Residence Then Moving Back
Good Day,My wife and I are just getting started in real estate investing. We purchased an investment property (single family) at the end of last year an put in lots of sweat equity, it is now bringing in about $400 a ...
Aroldo Villarreal
Would you buy a $5,148 Cashflow with $2k of capital gains?
I'm looking to make my first deal, but don't know if I want to go with this one. It is $20k out of pocket with $5,148 of cash-flow a year and $2k of capital gains. I only have $50k to invest and am putting aside $8...
Nick Scannell
House Hacking First Duplex - Should I set up a separate bank account now?
TL/DR - I bought a 3.5 down FHA Duplex, I'll be living in one side and renting out the other. I still need to pay towards the mortgage, but I'm saving money compared to renting. Do folks recommend: 1. Just deposit ren...
Christopher Edmonds
Tax Ramifications of a Cash out Refinance
I am about to refinance and due to an increase in the value of the property can opt for a cash-out instead of a lower rate. Will that cash be taxed as capital gains? thanks.
George P.
Baltimore City tax lien for sale
Please point me in the right direction if I am in the wrong thread....... To elaborate:
A local investor is in need to liquidate 1 (one) Baltimore City tax lien (to fre...
Thoai Han
Assignment Fee Tax?
If I wholesale a property without an LLC, how would I be taxed on a percentage basis? I can't deduct my marketing expenses. Its almost the end of the year and I am concerned.
Kaela Kennedy
Taxes on Selling Rental Property
Hi All-I own a rental property in Northampton that I’m contemplating selling. The comps show I could sell it for about $40,000 over what I paid for it five years ago. I lived in the condo for two years and then moved ...
David Emery
1031 gift to family?
My Father in Law has 5 properties that purchased from 1974 to 2000. They are in a 1031. He offered to sell us the oldest, a 1974 cabin in Tahoe City, but then changed his mind because of taxes. Can he gift it to his d...