Johnathan Cummings
Buying portfolio and then selling off a portion to recoup investment?
22 January 2025 | 2 replies
If the purchase is done in cash, as you mentioned, they’d have more flexibility, but they’ll still want to carefully consider the tax and legal implications of the subsequent sales.I hope this helps, and good luck with your client’s deal!
Evan Price
Possible Small Claims Court Action Considered - Need Previous Tenant's New Address
14 January 2025 | 1 reply
Security deposit will take care of the last month of unpaid rent, but I'm considering filing a small claims court lawsuit to get a judgement for recoverable damages.
David Fals
SFR or MFR starting out??
25 January 2025 | 3 replies
(or if they're primary buyers, they don't care about yield, since they're going to live there.)i just went to visit two very distressed properties yesterday that i would buy.... if they were priced 50% lower.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
Regarding leverage - use it carefully!
Alex Houser
Foolish to buy office building?
18 January 2025 | 8 replies
Be careful the seller isn't unloading a problem on your.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
Careful in the Stock Market, seems great on it's upward trajectory however...
John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
If the above is true, the income will offset the debt in the DTI calculation, so who cares?
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
Don't care for the Pistons or Cavaliers.
Moshe S.
1031 my portion or total sales price
16 January 2025 | 7 replies
All the IRS cares is that the taxpayer is the same.
Jason Lopez
Do I need an LLC for my rentals?
23 January 2025 | 8 replies
LLC is pass through income so have your bookeeper or CPA take care of everything at the end of the year for your tax documents.