How Do You Solve a Rental Property Problem?

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We're going to find out whether or not we answer jay's question directly. We never give you an answer, because that would be short changing your d ational experience. Instead, we give you frameworks and perspectives that allow you to think through the answer for yourself in a more critical and more refined manner. Andi suppo, i don't know, i think jay's going to get just a black and white answer. With that, break for word from our sponsors, and then we're going to hear jy’s question.

#354: Charlie in Cali has enough money saved to pay cash for a house, but she and her husband decided to finance their home, instead. They’d rather invest the money and arbitrage the spread. But one problem: how can they keep themselves from touching this investment?

Jay is choosing between Fidelity and M1 Finance, and has questions about tax loss harvesting.

Nicole and her siblings will be inheriting some properties that they eventually plan to sell. How should they set up or organize these properties among so many owners? Should one person take the lead? Do they need a shared business account? Also, how should they evaluate a property and make sure they get a good deal when they sell?

Ed owns three homes, two of which he plans to sell in the next few years. He plans to live in them long enough to establish residence and take the capital gains exemption when they sell. Is his plan for handling the taxes solid?

We answer these four questions in today’s episode. Enjoy!

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