I’m new to real estate investing and am in the process of trying to acquire my first property.  

(An LLC can be converted into in S-corporation.)In order for this to be a sale, you need to get paid its current FMV by your S-corp.

For example my market, there are about 1-2 REOs for every 1500 sales.

Hello all, I recently purchased a condo on the east side of Madison from a foreclosure sale auction.

I’ve been diving deep into the world of real estate investing, with a strong focus on acquiring rental properties and eventually scaling into larger deals.

Our goal is to acquire an additional 200 units by the end of 2025 and connect with like-minded individuals passionate about real estate.Outside of my professional endeavors, my interests and hobbies include weightlifting, off-roading, hunting/fishing, and searching for the next big deal.What's your Real estate testimony, and how can we work together to build success?

In my opinion, the only valid investment strategy to acquire real estate for low money down, even though it still requires about 3%-5% down, is to house hack.

Even closer to home, most of the smaller hotel/motels in my area seem to be mom and pop owned and are all listed for sale at this point. 

I've recently been looking into acquiring properties to rent out.

What are the tax ramifications of a sale, if any?