I have a proven track record of being able to identify a property, make the appropriate repairs, and have an ARV that exceeds the cost of purchase and repair.

Hello Wade, We have a couple of list providers we use for searching public records for sales with seller financing.

Land Basis for Condos – Typically determined using county assessor records or HOA allocation.3.

If its four months from now, then explain to him he's going to be evicted, will have a record, and it will go to collections for all court costs and rent money owed, to the penny.

But perhaps you would be better served helping a local experienced investor find deals and ask them to show you exactly how they analyze deals, what's good vs bad, how do they finance (debt vs equity) etc etc and understand their business model that has a proven track record by providing value to them.

Keeping clean records from day one really helps when tax season rolls around.

I have been able to take my real estate portfolio to a level in which i really didn't think possible and educate myself on so many things not only in real estate but in creating wealth throughout the power of networking with others that have experience and proven track records in other types of businesses.

Selling to an entity you own and renting from yourself looks like a tax dodge to the IRS, and they’ll likely reject it.Better AlternativesIf you’re looking to maximize deductions, consider more straightforward strategies like:Renting out part of your home (like a basement or room) while still living there.Keeping clear records of home office expenses if you work from home.Investing in other rental properties that aren’t your primary residence.Michael Plaks explained it really well in his response.

Proper record-keeping of rental and personal use days is essential to avoid IRS scrutiny.

we have had record year last two years in the following.1. new construction2. flipping in the sub 250k range in secondary cities3. land flipping 4. land development for sfr and flip to national builders.No slowing down in 25.what we dont do or did do was rentals.. everything but.