22 May 2024 | 4 replies
I've been studying everything (RE) and wholesale real estate for almost two years and looking to get my first deal done.
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23 May 2024 | 12 replies
Start by learning the real estate basics, study the market, set your goals, get a team of experts, make friends in the field, look into how to pay for it, begin small then grow, do deep checks, and go for it.
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22 May 2024 | 7 replies
At this price point, would a cost segregation study even make sense to do on a condo so that I could take advantage of accelerated depreciation?
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22 May 2024 | 11 replies
You need to study IRS Publication 523 concerning Sale of a Residence.
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22 May 2024 | 31 replies
I should note that I did a 1031 INTO 2 of the 3 houses, and did a cost segregation study and took accelerated depreciation on all 3 to offset 2022 taxes because I had a very profitable flip that year and I am a real estate professional per the IRS.
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21 May 2024 | 1 reply
So, I would study whatever complimentary avenues of study that you think best suit you.
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21 May 2024 | 5 replies
I showed them the whole business model and spreadsheet...We ordered the Feasibility study and appraisalThen they gave me a Term Letter that states everything even construction cost analysis by their 3rd partyThats where we are atwe have a GAP of $2.7MWe came up with the strategy last night.. that at the very least we need $1.5M cash to pay a balloon payment by June 27 or it forecloses... the lord will not let that happen.So I have the green light from the Lord to talk to all the interested investors as He is opening up the doors of Favor
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21 May 2024 | 14 replies
I recommend reading the following article all the way through to the case studies to decide whether an Umbrella or an LLC will give you the protection you're seeking: https://www.apartments.com/ren...Hope this helps...
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22 May 2024 | 7 replies
That could be determined by numerous factors which I haven't seen a study yet as this was reported Monday.Anyways when you try to have a property for LTR in cities with school rating higher than 7, the economic doesn't work.