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5 January 2025 | 2 replies
Purpose of the fund: To purchase old land, rezone, demolish, and rebuild homes to sell at a profit.
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17 January 2025 | 7 replies
When dealing with federal, state, and local NOFA (notice of funds availabilities), do government funds allocated for affordable housing often get depleted from too many developers requesting funds for new projects?
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7 February 2025 | 5 replies
Honestly looking at your situation I'm not sure I would recommend you do the taxes yourself, change of accounting method (F 3115) isn't easy for someone that hadn't done them before these online software companies make things seem easier than what they are, they are good for less complex situations.
2 January 2025 | 2 replies
Just curious if anyone has used All Loans Funding for DSCR loans?
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28 January 2025 | 1 reply
Coldwell Banker Commercial Fisher Group, Fisher Management Company.
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29 January 2025 | 2 replies
Does anyone have any experience (or know someone or a company that might) be able to demo a concrete staircase Ana turn it into a driveway and ADU ramp ?
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22 January 2025 | 22 replies
A 1031 must be for equal or greater value or the funds in excess of the value of the new purchase are taxable.
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14 February 2025 | 18 replies
Hi Jon from Boyertown, PA-You and your fiancé are interested in buying your first short-term rental and wonder profitable areas to purchase with a budget up to $500,000.I would look at places along the west coast of Michigan, Grand Rapids, Kalamazoo, and near Ann Arbor, MI.It is important to understand the local STR regulations in each community and partner with a property management company that can help your navigate that and manage it well for an excellent guest experience.Don't forget to look into bonus depreciation and doing a cost segregation study to increase the tax benefits of ownership and if you "materially participate" in the management of the property per IRS guidelines it can offset active W-2 income which most real estate cannot.To Your Success!
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25 January 2025 | 2 replies
I almost exclusively sell bank foreclosures for a large asset management company, and I also do a lot of marketing for wholesale deals.
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3 February 2025 | 15 replies
In the "industry", you would use an "Acquisition/Rehab" loan that allows you to use part of the loan to apply to the purchase of the property and you'll have some loan funds left over to use for the rehab.