
27 September 2024 | 66 replies
.: And with the numbers being higher (1,000 sq ft cabins are going for 500k that I'm all in around 340k, 2,000 sq ft cabins are going for 800k that I'm all in around 575k), I can create the same equity and cash flow that I did with my rentals in a shorter period of time with less units and with property management built in.We would all be happy with this strategy alone...and just flip and make hay while the sun shines

25 September 2024 | 37 replies
Some DSCR lenders will float the rate until the appraisal is back, leaving you open to having the rate changed during the floating period. 2.

24 September 2024 | 2 replies
A 72-T exemption known as a Substantially Equal Periodic Payment (SEPP) is a pretty rigid agreement.I don't think you will be able to accomplish the rents-only goal.

24 September 2024 | 8 replies
The particulars are:Total SF: 5160Roof: Shingles, replaced 2001Plumbing: Mix of PVC and Copper, updated in 2014-2023Heating/ cooling: forced air, 3 furnaces replaced in 2014-16, one AC replaced in 2014Electrical: has been updated periodically from 2014-2023.

26 September 2024 | 17 replies
I can do 80% cash out with no seasoning period. feel free to reach out !

25 September 2024 | 96 replies
I normally have a 30 to 45 day grace period on my option contract, to locate my end buyer to assign my contract to.

25 September 2024 | 20 replies
If you want $80,000 in cash flow from SFH rentals forget it, too much needs to happen in a one year period.
28 September 2024 | 19 replies
For example, IRC § 1014(e) specifically denies basis adjustment on property that is gifted during the one-year period prior to the decedent’s death, that is then reacquired by the original individual who transferred the property.

23 September 2024 | 9 replies
Were very hesitant to rent it out to such a large party because we did such a great job updating the home and we feel that all that work may get damaged in a short period of time.

25 September 2024 | 14 replies
Since your primary address was the condo as of your last tax return, you could argue that you maintained a primary residence there, even while living abroad.In case if you don't complete the desired period, I guess you will be able to claim partial exclusion as from your question I understand that you left the residence due to employment purpose.