Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
Battery Park City Exchange (New York City): The city of New York engaged in a land swap with the Battery Park City Authority, allowing for the creation of a new public school and affordable housing units in exchange for a parcel of land that was then developed into a high-value commercial property. 5.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
I met this real estate agent on facebook, seems very active within the real estate community in that particular area based on the posts she's engaged with.
Randee Erickson
Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
These files were standardized forms that many other lenders in the past have given me up front or not long after the initial engagement.
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
The main criteria to evaluate this is when did you complete the start-up phase and became actively engaged in business?
Dallas Hoover
first car wash purchase
1 January 2025 | 4 replies
You should engage with the local players in the commercial market i.e.
Rob Bergeron
Using AI to follow up with my lists of motivated sellers. How are you utilizing AI?
29 December 2024 | 2 replies
Yes we use AI for just that: follow up re-engagement and appointment setting.
Paul Novak
Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
My advice on sub to is as follows1- COMPLETELY understand the process, implications, liabilities, and possible outcomes before engaging or attempting to engage in a sub to transaction2- Complete disclosure going so far as making sure the other part understands the transaction and possible consequences3- Utilization of an attorney experienced in subject to transactions for setup in such a way that provides some protections in case of default or in case the note is called4- Have a backup plan in case the note is called5 - only use for property that has a TRUE positive cash flow unless the buyer has substantial reserves I myself have purchased 8 properties subject to, but 5 of those were commercial properties which often have notes where a subject to is allowable.
Terrance Brewer
New Member in NJ
27 December 2024 | 13 replies
Here are a few tips to make the most of your time on the platform:1.Engage in Forums: Join discussions on the forums to connect with investors at all levels.