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Results (2588)
Dan Gandee HOLY SMOKES! I Owed $47K In Taxes!
3 May 2023 | 1 reply

PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...

Vic Ibrahim Real Estate Lawyer Opinion Requested for Condo-Hotel
22 August 2017 | 1 reply

I own a condo hotel in FL and the developer/owner of the building is creating issues w self rentals / self management (i.e. Owners not in the hotel program but use Airbnb and similar)The developer is segregating  clea...

Mario Nacev Tax Strategy for first deal
26 July 2020 | 6 replies

Hello,I am looking to build a 4 Plex in PA.I am in the preliminary phase of planning and my questions relate to entity structure, taxes, and finances Background:Land Cost $10K Build Cost $200KAppraised Value at comple...

Jimmy Hong 1031 exchange & capital gains tax for primary property sale
11 July 2013 | 20 replies

Hello everyone,

We, my wife & I, have a primary property that we have lived in for 18 months. We will be selling our home and our net profit will be tax free due to our primary property.

We also just sold our...

LaRhonda M How to determine when to Hold vs FLIP
22 October 2020 | 3 replies

Those of you that do a combination of long-term investing and short term flips? I am fairly new to investing, but I always thought I'd hold everything I bought and simply build out my rental portfolio.
I have a prope...

Mirjam Kao 70k Cash, Terrible Tax Returns Great credit. What are my Options?
24 May 2020 | 3 replies

Hi!
My husband and I have been self employed, living abroad, but we've been looking to come back to the states and purchase our first property.  Being self employed, despite having decent income our tax returns show ...

Ken Sanders Primary Residence Exclusion - Claim Twice Within Two Years?
18 September 2012 | 5 replies

In the Summer of 2011 I sold my primary residence for a sizable gain. I had the house for over two years and am single, so I was entitled to the $250k exclusion.

I have owned my new primary residence since December 2...

Juan Nieto Self-directed IRA Mortgage
19 July 2019 | 4 replies

I have been looking at mortgages for an investment property.  I have not exhausted my options, but so far the market for these mortgages doesn't seem great.  I have excellent credit, 800+ FICO.  Best option I have hea...

Fletcher Clardy 7 Great tax benefits of investing in Real Estate.
24 October 2019 | 0 replies

1. Opportunity Zones - Jobs act of 2017 has stimulated growth by offering tax incentives in special zones around the United States2. Refinancing or Tax-Free borrowing - When you refinance, you are able to borrow again...

Account Closed My Second Property was purchased in a Self-Directed IRA
2 May 2019 | 2 replies

Investment Info:

Single-family residence buy & hold investment in Perris.

Purchase price: $108,500

Cash invested: $45,000

3 bedroom, 2 bath

What made you interested in investing in this ...