Bao Vu
Question regarding Tax on a Flip
12 December 2024 | 10 replies
@Bao Vu The purchase price and related expenses from 2023 should be included in the cost basis for the flip sold in 2024, reducing your taxable gain.
Neil Clooney
Real estate mentorship
18 December 2024 | 3 replies
If you choose an online program, ask how much access you have to the coach.
Darron Pierson
Jerryll Noorden's system
28 December 2024 | 26 replies
I had to access my actual financial situation.
Blake Kirby
1031 Exchange Phoenix vs L.A.
21 December 2024 | 6 replies
If you’d been holding around $620K from a 2019 sale and directed it toward a few properties like that.. especially if you leveraged financing.. you might’ve grown your portfolio’s total value well beyond what many Los Angeles holdings would have delivered over the same period.Then again, L.A. still has that unique mix of robust demand and limited supply.. from what I’ve heard, you can see impressive long-term gains there if you’re comfortble navigating tenant protections.
Sam Mishra
Multi-family Investment in JC and NJ
16 December 2024 | 3 replies
When running numbers, especially on small multis more western markets with direct access to NYC tend to be more favorable from the numbers stand point and many of these towns offer 30 minutes or less taking commuting lines.
Angel Romero
I've done a house hack - Looking to unlock 250K in equity to buy a 4 Plex
19 December 2024 | 3 replies
If you lived in the property you can sell it to capture the equity without paying taxes on those gains.
Ludwig Koeneke
Appraisal before rehab
16 December 2024 | 8 replies
Instead, I'd just rely on a CMA (comparative market analysis) of renovated properties in the area from your realtor unless you have local MLS access yourself to run the report.
Kevin Rodriguez
Best way to contact under performing host?
18 December 2024 | 8 replies
I think your issue is (if I recall your other post) that you don't have any experience as a co-host but are trying to gain it by offering your help for free.
Maria Jeanette
Advise on leveraging a Self-directed IRA to purchase real estate
9 December 2024 | 11 replies
You may have to sell the whole property to access the funds in the IRA or 401k when you retire and for required minimum distributions.
Michael Mullins
Has anyone used BeyondBNB
11 December 2024 | 34 replies
They use PRICE LABS to create these score cards that test your price, data is pulled from Price Labs, well guess what you can access that right from Price Labs you do not need to pay them for that.