
if a property is gifted to you from a third party, do you pay any taxes on that equity as you just earned it? i know if you rent it there are taxes on rental income...i know if you sell it there will be a capital ...

I will potentially be purchasing a property sub2 the existing mortgage of $92,000.00, property worth $125K as is, seller says depreciated to $0, I will give a $10K note balloon due 10 years @ 0% interest and $100 ...

So I have had possibly a great idea and want to see what everyone thinks. I would urge tax professionals/ asset managers/ lawyers to respond to this is possible.
I am newer to real estate investing and currently have...

I’m looking at purchasing a home in my college town. I'm a 21-year old college student from NY. I will live in one of the 5 bedrooms and rent out the other 4 to friends. I have been pre-approved with a local bank to p...

Hello! Got a call from an investor who wants owner financing. She wants to place a full price offer and put down 10%. My client said no, but I have questions. What are the implications if the owner transfers title to ...

Will the government shutdown affect section 8 rent payment or lease renewals in illinois (CHA or HACC). Appreciate any insight or perspective regarding this potential issue. Thanks

Throwing a quick hit and run post out there because I️ want to keep it open ended. If you’ve read @Brandon Hall post on the House’s tax proposal his first “Biggest Loser” category sights short term rental income as po...

Hello community friends, I am debating on how to hold the titles to the two properties that are under contract, given some future implication and changing financial situation in our household. There are lot of my own ...

Hi all,I am posting on here because I have an opportunity to purchase a couple of rental properties, by method of Land Contract. I have never done this before, and had some questions about the implications of a land c...

I am looking to do a cash out refinance on a property that has a lot of equity into it. Probably gonna pull out $75K. What are the tax implications on a cash out? Is this taxed like a regular income, capital gains, etc?