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Results (10,000+)
Natalie Medved Furnishing STR Do's and Don'ts
30 April 2024 | 29 replies
Personally I am not always a fan of bath mats being out (I usually drape them over the tub before pulling over the shower curtain to hide it) However, with only a shower and tile floors that can get slippery … Pottery Barn has some nice oversized ones that would look nice there.  
John Thomas Beginner looking for coaching/guidance/mentorship
30 April 2024 | 43 replies
You are also likely to pay more for contractors and get a lower-quality install because you are not there to supervise. 
Steve K. Question on Cap Gains taxes/ Section 121 Exclusion
29 April 2024 | 5 replies
It's a strict 2-year requirement.As for strategies to avoid capital gains on the sale, if your client doesn't meet the ownership and use requirements for the Section 121 exclusion, they might explore other options such as:1031 Exchange: If the property is an investment property rather than a primary residence, your client could consider a 1031 exchange to defer capital gains tax by reinvesting the proceeds into another investment property.Installment Sale: If your client is willing to accept payments over time, they could consider structuring the sale as an installment sale, spreading the recognition of the gain over multiple tax years.Charitable Remainder Trust: If your client is charitably inclined, they could contribute the property to a charitable remainder trust, receive income from the trust for a certain period, and then have the remaining trust assets pass to charity upon their death, potentially reducing or eliminating capital gains tax.These are just a few options, and your client's specific financial situation and goals would need to be considered in determining the best approach.
Jacob Scholes New Build purchase to live in then rent after a year.
29 April 2024 | 2 replies
being a new build we had to add some basics, like blinds and a yard (including a sprinkler system that I installed myself, I learned a lot there)What was the outcome?
Z Brown Houston fix and rent
29 April 2024 | 1 reply
-new flooring throughout-removing the wallpaper and floating the walls -fresh paint throughout (cabinets and garage included)-new appliances -installing an electric stove-new cabinet and lighting fixtures-new shower, bathtub and sink fixtures What was the outcome?
Dominique Coffin 1031 Exchange to Seller Financing
29 April 2024 | 3 replies
And you are using all of the proceeds from your sale as the down payment you will defer all tax.On the other hand - if you're wanting to sell your property and carry the note back as seller financing to the buyer you will either pay the tax on the note (but it will be an installment sale and so the tax will be spread out). 
Sherri O'Neal Too old to see rewards?
30 April 2024 | 25 replies
Don't just learn about Real Estate, also learn about construction - go to Home Depot every Saturday and take their tiling and painting classes (for free), volunteer on a Habitat for Humanity jobsite to do cleanup and just pay attention and ask questions.
Michael Caldwell Property Tax on a Seller Financed Deal
28 April 2024 | 4 replies
I personally don’t like installment sale contracts or contracts for deeds, especially over long periods of time.
Andrew Harrill Citizens Energy - Navigating a $60k Drainage Dilemma: Permits, Pipes, and Public Road
28 April 2024 | 13 replies
They suggested adding an external cleanout for about $8,000, and we agreed to split the cost by adjusting the home’s price.However, after installing the cleanout, we discovered that the actual problem was far more severe.
Steven Westlake Rehab tip of the day
26 April 2024 | 145 replies
These are super easy to install.