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11 February 2025 | 3 replies
My CPA has told me that i can move it from the inherited to my personal IRA, but I am struggling to believe that he is correct.
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7 February 2025 | 5 replies
At this point since it's after the fact while not totally correct; you may explore adding the missed asset/basis amount as a selling cost to just reduce your gain.
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25 February 2025 | 8 replies
Unforeseen issues always arise so @Scott E. is correct, always put a buffer of at least 20% on each deal for those problems that will pop up or more importantly, something that will come up on the buyers inspection that you will need to fix after you have your flip on the market.
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8 February 2025 | 2 replies
This is within 21 days of them returning the keys and giving a forwarding address, correct?
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21 February 2025 | 6 replies
(I do much better than that because I buy correctly and I don't "over do" the remodel)6) Remember, you make your profit when you buy (buy wisely)7) Flipping: Is it Fun?
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13 February 2025 | 15 replies
Correction: I said "Development/Redevelopment" and should have said "Construction/Development"
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7 February 2025 | 6 replies
@David Cherkowsky The above is absolutely correct, BUT do not assume you cannot qualify for a conventional loan.
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18 February 2025 | 21 replies
@Drew Sygit is correct - AND Detroit has had VERY bad weather in Jan - worst then most years.
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20 February 2025 | 3 replies
I would have been told by someone about index services (with correct hours) before spending $40 in postage to overnight something to Springfield.Hope my experience helps a fellow investor.
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13 February 2025 | 7 replies
Additionally, related-party rules could disqualify the exchange unless ownership is structured correctly.