Maria Bocanegra
Analyze my potential deal - seller financing and tax issues
All,I am hoping to get some feedback here w/ potential seller financing (I am the seller). I am a lawyer by trade and am generally not too good w/ understanding tax numbers, etc. I will try to keep it simple - any fee...
Sean H.
Do i qualify for 0% capital gains tax?
Help me confirm my google search, so i can avoid the trouble of doing a 1031 before my property closes.
I have owned this house for more than a year, (i can't claim it as a primary residence, but i think that only ma...
Vannak Kann
Renting home to parent at low cost
Hi All,
I recently purchase an investment property, but i rent it to my parent at lower price, not at a market rent value. My question is:
Can i file my tax under a rental property, the reason is that ...
No Name
Democrats in Congress
Do you think that the Democratic control of Congress and Barack Obama will help the housing crisis?
Matthew Creel
529 Plan or Rental Property to Fund My Kids College?
In talking with a close friend of mine about my personal real estate investments in 2018 he informed me that he and his wife are seriously considering investing in real estate as opposed to funding a 529 plan for thei...
Kyle Galloway
70% Rule-Please explain?
I understand the math to the 70% rule in house flipping. (Conservative Market value after repairs X.70 - repairs). What I don't understand is where this 30% magically disappears to. I know that there will be closing c...
Chris Little
Advise on tax return for RE investor and Realtor
Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...
Evan Manship
Buying On Contract Tax Question
All,My uncle was recently thinking of selling one of his properties in a thriving market in Indianapolis. Instead of taking the normal route, I convinced him to sell it to me on contract. We are still working out ter...
Nicholas Lovric
Buying apartment complex in January vs December
Hey Investors,One of my biggest learnings when buying a apartment buildings (5+ units), Close in the first week of January if possible. This cost me $15k additional.Two things you’ll benefit from:1. Before buying the ...
Justin Hicks
Purchase Analysis ??
Possibly can get a quadplex and duplex for $220k,, gross revenues a month are $2,686,, Property taxes are around $3,200 a year, insurance at $2,000 a year,,, possibly would get property managed at 8%,,, no deferred ma...