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7 May 2024 | 14 replies
I like the possibilities of creating through real estate through so many methods and allowance for financial freedom.
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7 May 2024 | 3 replies
I'm Eric and I've dabbled around the real estate investing topic for a while now, especially using the BRRRR method.
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8 May 2024 | 9 replies
You can also network at investor groups and pick up business.It's the time-proven method.
7 May 2024 | 4 replies
Moreover, what is your method of financing?
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14 May 2024 | 164 replies
While we are using house as the vehicle he is using corporation.In essence, the method is the same.
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6 May 2024 | 11 replies
House hacking a small MF in Denver is a brilliant way to get started and there have actually been some decent deals in this asset class lately IMO.
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7 May 2024 | 56 replies
There are different levels of a cost seg study and there are residual methods to cut some corners but you will never come to a correct answer.
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7 May 2024 | 8 replies
@Evan Loader Not sure if you've tried these methods but i would try going to your local multifamily investor meets up, attending larger multifamily conferences and networking with Sponsors on social media platforms like BP and linkedlin.
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9 May 2024 | 43 replies
The capital gains you would get from selling the property go back into the IRA tax free or tax deferred, depending on if the account was a Traditional or Roth and the only time you would incur taxes is if you took the money out of the qualified retirement account and took it into your personal name as a distribution.I would never own real estate inside of a retirement account.In your situation of transferring a certain percentage of the property itself instead of cash, you would need to pay a bunch of professionals on an annual basisA) $600+ for an appraiserB) $500+ for the title company to transfer ownershipC) $300+ for your accountant to properly adjust your taxable basis for the rental activity reported on your individual tax return.D) You risk your property taxes being reassessedYou also have to properly split each expense Furthermore, since you are not receiving cash, you would need to potentially find alternative methods to find cash to pay your tax liability.Yes, you are correct, depreciation is not needed/used within an IRA.
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6 May 2024 | 10 replies
Fix n flip is a quick turnaround interest only loan for a term of 6 to 24 months The BRRR method is used for buy, rehab, rent and repeat with a more conventional mortgage structure.