A2: No, for labor only.Q3: I paid my GC via Zelle and my lawyer by credit card.

This deal was referred to me by a good friend, which means having a great network of like minded people is extremely important.

Orlando has high tourism demand, making it ideal for short-term rentals, though regulations vary by area.

@Zeina Awad Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

The Charlotte area population is expected to soar by 50% by 2050.

Selling a primary residence and then buying it back as part of a 1031 exchange could raise red flags with the IRS.Your parents have a valuable opportunity to defer a significant amount of taxes by utilizing the $500,000 exclusion on their primary residence.

It's a ridiculous mandate by the legislators who thinks they'll save the environment on the back of tax payers.my point stands.

By my math you would be around that 75% range inluding the funds you need.

Some knucklehead watched a YouTube video, where they "teach you to be rich by buying businesses with 100% seller financing." 

Each has their own tax implications.There are some alternative methods of calculating how much of the distribution and therefore the interest expense falls under this category, but the bottom line is that it is very important to keep track of.