I live in Ohio. I have an opportunity to invest in a single family home with Canadian family members in Waterloo, Ontario. The home and all related expenses/profits would be divided equally between the 4 of us (sibl...
I'm aware that if you sell a home that you've lived in for 2 years, and use that money toward a new home you will live in, that the tax on appreciation is waived. This compared to investment properties, where that ta...
There is a provision for a 3.8% tax on real estate sold beginning in a couple years as part of health care bill! I did try to verify with snopes. It was confusing and only discussed in terms of owner occupied sale. Di...
I have a question regarding 1031 Exchanges in regards to depreciation recapture and capital gains Taxes. This is purely hypothetical, but I want to look forward to make sure I'm structuring everything correctly. Als...
Hey all,I bought my first property a 2BR/2BA In April of last year (before I found BP or how to calculate cash-flowing properties), been living in it until about a month and a half ago. I'm moving out of the country ...
Is that okay? I applied for the EIDL loan as a just in case the renters dont pay for a few months, but can it be used to buy more properties?
My husband and I are looking into lax lien certificates and deed purchases. Not sure what the best avenue to take is. We currently own one lien certificate (2013) in FL, there is an investment company that has the 20...
First let me say I have been lurking in this site for a while and I have been reading about tax liens in Maryland for about a year .When it Finally came down to the day of the tax lien auction It was a fail. My pla...
Hi,I'm a newbie here, but have been wrestling with this decision and studying up and would like feedback.We have a house in Austin we bought in a very good neighborhood/school zone in 1995 for 110k. In 2002 we moved o...
Hello Everyone,
My name is Jordan and I had a question about property taxes...first a little background. My wife and I are looking to enter the real estate investment field through an FHA loan. We have ~$6k...