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5 February 2025 | 5 replies
It sounds like you're cash flow negative, but not sure you have all the details/line items listed.
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19 February 2025 | 14 replies
I sold out years ago and its was the best thing I could have possibly done..
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10 February 2025 | 6 replies
We lost a 3% interest rate but sold future maintenance and repair headaches.
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13 February 2025 | 2 replies
With an interest rate like that I'd seriously consider finding a way to hang onto it and rent it long term even after moving.My wife and I sold our first home in dublin OH in 2018.
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1 February 2025 | 4 replies
You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.
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18 February 2025 | 2 replies
Hello need suggestions/advice...own a business with property...Land next door was approved for Mixed Use Construction (Retail on bottom residential on top)..Construction has begunMy business is slow and is affecting bottom line..may need to relocate business and have developer build on my property...Would like to keep property and build same as next door(numbers will be easy to get including approvals) ...looking for investor ..Afterbuild units can be sold or rented...For exist plan total improvements $2.3+MPlease let me know thoughts....suggestions time sensitive..Thank you
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18 February 2025 | 9 replies
If you held the flip for 2 years then sold- then you could potentially do a 1031.
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19 February 2025 | 17 replies
In addition you can use it to collect initial security deposits or to bill the tenant for addition items such as billed back utilities, damages, etc.
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19 February 2025 | 8 replies
In other words held for steady cash flow.My VARIABLE (note) PORTFOLIO consists of more active/speculative notes - non performing notes I purchased at discount to principal owed; notes I hope to “work” for enhanced ROI, real property I “purchased” with a leaseback option to repurchase, and defaulted notes I purchased planning on eventually taking ownership of the real estate, as well as notes I created that don’t have current payments but provide a guaranteed return plus an equity “kicker” when the property is sold.
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21 February 2025 | 4 replies
@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.