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24 January 2025 | 5 replies
Doing this will indefinitely defer paying tax on profit or depreciation recapture.
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26 January 2025 | 4 replies
You have to put more money down and pay a higher interest rate and is limited to only 2% IPC.
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24 January 2025 | 16 replies
I guess the different strategies FOR ME would be.A- Find a lender that would actually do the refi and pay the tax.B- Sell a property and use those funds to lend as they would go back to the IRA.
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20 January 2025 | 57 replies
I'd start the refinance process right away, or just pay it off, or sell.
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23 January 2025 | 56 replies
The training is pretty thorough focused on lending hard/private money to other fix and flip investors, or for my own deals for which I could pay myself as the loan broker.
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7 February 2025 | 14 replies
Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.
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20 January 2025 | 31 replies
We explained to him we would pay for probate and pay to fix up the house to get it rented.The lease is for 5 years but dissolves once we close.
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19 January 2025 | 5 replies
This is my third year investing with my mini me 12 year old and this is our 5th deal.My 12 year old found us a great deal- I teamed up with my friend and family member agreed to pay purchase and renovations.
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27 January 2025 | 1 reply
Now, you need to figure out how to find deals and pay for them.
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20 January 2025 | 3 replies
In reality, you are going to be the one to pay for that.