The exam not only deepened my understanding of the intricate details but also helped me see the big picture of how our financial system works.

How much of the 52 units do You own? 

Your buyer had a 1031 exchange funds and paid the entirety of the 8 plex purchase in cash?

Either pay it back in ten years or when I sell I have to give a % of the equity to the lending company. breakdown$2,200-$1,100=$1,000 profit what are your thoughts?  

Be careful when you select entity types.A pass-through entity in the United States, such as an LLC, may not hold the same characteristics in Canada.What market are you looking to invest in?

With 26 years of contracting experience, you already have a huge advantage in the fix-and-flip game.

I agree we should take them out of the feed.

Maybe it’s 3-5% of the new equity or something.And forget about that 30/70 split after an 18.  

If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!

New blood in the forum is always exciting.. what's your top strategy for finding hidden deals?