You simply say, to have an animal your rent is $1050.00.

Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

I simply wanted to exit two deals to begin gaining credibility in the eyes of hard money lenders.

Valuable and soon to be life changing profitability Lessons learned?

I’d love to connect with anyone willing to share a little bit about their investing journey and its challenges, or someone who is simply looking to connect.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $90,000

Cash invested: $25,000

Bought a house this fall in Minot for $90k. Currently have it rented and plan to ho...

Sri,Are you a General Contractor/Builder or are you simply looking for financing to build a 2-4 unit?

The property manager must make a profit, otherwise there is no incentive to provide the service.

Now we're seeing major disasters in densely populated areas and insurance companies can't maintain their profit margins.