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26 July 2018 | 9 replies
@Sean Gribbons I have not done it for houses but I have purchased several places on large lots and split the lots to sell off the excess land.
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28 January 2019 | 17 replies
Silverwood has bought & sold on FCI, though sellers typically want top dollar, and be careful of excess baggage & associated problems like liens, taxes, and such.
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25 July 2018 | 30 replies
$200 does seem a tad excessive.
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9 September 2018 | 9 replies
Profit distribution in excess of your wages are still taxed as ordinary income but escape self employment tax, which is 15.3% on top of income tax.For example, let's say the profit from a flip is $100k and you draw $60k salary.
18 July 2018 | 31 replies
However I do live in California and not happy about loosing out on prop tax, as the state tax is around 8-10% already.
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15 July 2018 | 7 replies
It's a loose goal but I like structure too.I've been successful with some single family flips but they are hard to come by (much less predictable in availability and actually beating out other investors) so I am considering some longer term real estate investing.
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18 July 2018 | 6 replies
- in excess of $27,000,000,000,000 in the retirement account system!
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20 July 2018 | 3 replies
The offer was low enough I couldn't really loose.
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31 August 2018 | 10 replies
So even when I wanted to get my feet wet and offered full price, I'd still loose out.
27 July 2018 | 13 replies
That seemed excessive to me.