Eric Thomson
Section 121 Capital Gains Exclusion When dividing Property
Hello all!I have a tax question regarding the Section 121 2 year capital gains exclusion for primary residence...The property in question is originally 3 subdivision lots. Wanting to re-divide the property and sell of...
Nick M.
Would you keep or would you sell?
Hey All,
Hope this note finds you healthy.
I own a quad that I purchased few years ago. If were to sell it I would walk from closing with a $140K check, of which $75K is the return of my down payment - so netting $6...
Shuai Zeng
Cash out equity, or pay it off for full cash flow?
Hi All,I have a purchase rental back in 2013. Currently it's still a rental, and there is a nice chunk of equity due to appreciation. The remaining balance on mortgage is about 40K, and market value at 160k; also rent...
Bruce W.
Greetings from Simi Valley, CA
Hi folks,
This is Bruce W., landlord of a nearby condo for over 12 years now. My wife and I recently managed to pay this property off, so we are starting to look around for other opportunities. I am employed ...
Account Closed
Question about depreciation.
When you sell a property and do a 1031 exchange to defer the capital gains, does the new property you buy restart the entire 27.5 year cycle all over again?
I know the capital gains follows you but can you continue t...
Jovany Espinoza
Is San Antonio good to start with real estate? (Single fam homes)
Interested in starting my real estate venture. The goal is to purchase my first single family home, which I will manage locally. One question leaves me concern. Is San Antonio a good place to start buying single famil...
Reece Ludwig
REI in El Paso: Mil family moving to EP for 3-5 years
Hi all! I'm a relatively new RE investor and an active duty service member moving to El Paso from out of state, planning on living there 3-5 years. I'd like to buy between $150k-200k, and I've been looking at zillow, ...
Misael Carlos Vera
Familiar Hometown Market vs. Long-Range Profitable Market
Should I invest in Chambersburg, Pennsylvania or at Tampa Florida. I've heard through BP (and other investing info groups) that it's important to invest in markets that fit your strategy and projected to grow in the f...
Chad Brady
Larger Rental with Reno Potential
Investment Info:
Single-family residence buy & hold investment in New Braunfels.
Purchase price: $245,000
Cash invested: $47,000
This is a solid rental in a very desirable school district. It ren...
Jonathan Hyatt
Boston and Brookline Condo Market
Hey everyone, new to RE investing, but am very familiar with the markets of Boston and Brookline having been a resident for some time. I see that most of the places on the market would translate into a minimal cashfl...