Gabe S.
Tax Question Regarding Unallowed Losses
Quick tax strategy question.I have accumulated over $50K in "unallowed losses" on my tax returns over the past few years. What happens to those losses when I sell the property? Does it get added back to the basis? Do...
Fe Hendricks
Hello from Tahoe, California
Hello Bigger Pockets community, My name is Felicity(Fe) Hendricks. I'm very happy to have found this comunity. I am a software engineer who is trying hard to get out of high tech and into real estate investment. I ...
Ayo O.
Dealyed financing on a 1031 Property
Hey BP,I plan to use the proceeds of a 1031 exchange to make a cash purchase of another SFH. My plan is to do a delayed financing(sort of modified BRRRR) about 6 months later to get my funds back out.Is anything wrong...
Drew Oberholtzer
Do I need to recapture depreciation during transfer of property
Do I need to recapture depreciation if I am transferring title into an LLC and assuming a new mortgage (commercial loan) under that LLC. I am the sole owner of 3 Single Family Rentals and am transferring the title of...
Giovanni Montesclaros
How do I approach homeowners with delinquent taxes
Investors that are familiar with paying off delinquent property taxes for a homeowner in exchange for out right ownership of the property... What is the best way of reaching out to these homeowners that are about to l...
Steven Chen
Invest a commercial property in Houston Texas from out of State
Hi All, I live in California. I'm considering to invest a property in Houston, Texas. This will be my first out of State investment. Do I need to register an LLC in Texas so I can lease the property? Or file any other...
Barry H.
Getting a Taste of the Flip
Hey BP Community - I am pretty new to BP but have been investing in rental real estate about 13 years and recently moved into Hard Money Lending (HML). In my HML deals, I am lending for short terms (4-6 months) at hi...
Michael Cummins
Tax savings question on the sale of an income property
I was curious if anyone out there in biggerpocketsland knew of a good book or guide concerning tax savings for an upcoming sale . I decided not to do an exchange. Besides contractors work and depreciation I am not su...
Alexander Thomas Chaney
Investing in rental property with plans to move.
Is it absurd to be investing in a real estate property when I know I'll be moving 8 hours away in a different state within the next 3-5 years?How hands off is property management?Thanks everyone!
Inna Hurin
Capital Gain Tax on out of state rental property
Here is my dilemma- do a 1031 exchange or sell, pay taxes and use funds for our remodeling project. We are currently in contract to sell our rental property in CO (we live in CA). Bought it for $411K, selling for $460...