Eric Bailyn
Gifting Single Family Residence to Son: Any tax implications?
Hi Everyone!
My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...
Hunter McNeill
Management Agreement - "Add Agent as Additional Insured???"
I run a small management company and we have just a few clients so far but there is one thing on the management agreement I haven't really gotten a grasp on and can't seem to be able to explain it to my client. On sta...
Greg Scott
Is BiggerPockets now a Guru program?
@Alicia Marks @Nate Slappey III
What is the deal with the forums showing questions that only PRO members can respond to? Most PRO members are newbies.Is BP now a guru program?
Colton Kotylo
Getting Out of The Contract
We recently got into a contract with our real estate agent and toured about 6 properties (2 being new builds). We are considering going with the new build, but would like to drop our real estate agent. She agreed to c...
Daniel James
Colorado DR 1083
Hey guys,I am a new AZ resident selling a property in Colorado that qualifies for section 121 exclusion of the IRS code. The property was our primary residence from March 2010 to June of 2013. After that date, it was ...
Account Closed
How to avoid capital gains
We are selling a primary residence which was a rental for the last year. Since we lived in it for 2-yrs within the last 5, we qualify for the $500k capital gains exclusion. However our profit will exceed that by $150k...
Nick Natale
Looking to expand network within Delaware
Hey everyone,I hope all is going well with your real estate portfolios and/or business! My name is Nick and I've been in Real Estate for a few years now and would love to meet up with some of you and have a cup of cof...
Antonio Thomas
Feasibility/Due diligence periods!
Hello everyone names Antonio! I have a property that a realtor that I work with sent me to move. It’s off-market and she’s presenting the opportunity to me exclusively. The numbers are slightly off but the deal should...
Mark Simpson
Section 121 - Partial exclusion of gain
I am trying to help a previous client avoid a healthy capital gains bill on the sale of their primary residence. Trying not to spell it out to them directly though out of concern of giving tax advice outside of my sc...
Charles D. Smith
Evaluating Your Next Commercial Real Estate Retail Investment
Commercial real estate properties have great potential to generate significant returns for investors. However, different types of commercial real estate, or ‘real estate assets,’ have their own unique sets of risks an...