I am normally a buy a hold investor,but recently I have started expanding my skills into house flipping. My plan was to flip and sell 4 homes in 2017 spring/summer season. But I heard that since I am not licensed real...
In my search for a multi-family investment, I came across a commercial property (office space) that I want to analyze. Since I've been focused on MF, I haven't been sponging up knowledge about commercial RE, so I nee...
Hello BP,I'm considering selling one of my properties in a 1031 exchange. What I'm looking to possibly do is on the sale keep some money in the property I am selling to retain say 5% ownership likely structured in an...
I am building 4 single family homes and expect a very nice payout. Interested in how investors/cpas would structure this to maximize after tax return.I bought the property for 800k. The seller didn't know what they ha...
Hey there everyone! I really need some advice on this topic and I would sincerely appreciate anyone's opinion on it! Thank you in advance! OK so here's the deal. I bought a 3 bedroom house, but I'm by myself and th...
To the CPA's and tax professionals out there,A scenario popped in my head. Say I sold a currently owned house with 100k in profit and then used that profit to invest in 2 other properties (50k each). Would the 100k I ...
I have multiple duplexes under a single commercial portfolio loan. I'm interested in selling one of the properties and leaving the loan intact. If I sell one of the properties is it considered 'taxable gains'? My goal...
I'm sure this has been discussed on here before, but I can't find it anywhere.I have purchased a property under my name and fixed it up (not all the way/ was planning on rehabbing but realized I was running out of mon...
I received a property from my parent as a gift. The quick claim deed was for $10 or $100 and my parent bought this property for $130,000 a few years prior. I use this property as a primary residence and to rent out on...
Do we lose tax benefits when buying investment property in cash, and then doing refinance?Does the 90-day rule for refinance after cash-acquistion, apply for investment properties?Otherwise, does the cash investment b...