
1 May 2024 | 5 replies
HELOCs are capped at 70% CLTVIf this is your primary residence you may find a lender that can go up to 90% CLTV.

29 April 2024 | 5 replies
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years.

2 May 2024 | 19 replies
A Traditional IRA will convert what should have been an optional gain taxed at cap gains rates into a mandatory tax at ordinary income tax rates.
1 May 2024 | 5 replies
There is a cap on this so once you've hit a certain production # for the year, they will go back to giving you 100% of all transactions regardless of whether or not they are your personal transactions.All the best to you on your search!

3 May 2024 | 33 replies
Loan doesnt offset cap gain fyi .... buy for X (basis) ... sell for Y ... the difference is your gain at 20%... plus any recapture at your tax rate...

30 April 2024 | 3 replies
~Andrew Hey Andrew, You can do a HELOC on an investment property, however you may be capped at 70% CLTV and may need to draw $100k to meet the minimum loan amount.

29 April 2024 | 9 replies
95% occupied sorryPersonally I don't count the POH rent towards the NOI because my lenders won't either.30 occupied at $450 = $162,000 gross incomeAssuming a 40% expense ration your NOI would be $97,200If you wanted to buy at a 9 cap you'd be at $1,080,000Definitely check my math but I'd try to pay around $1 million for this.

1 May 2024 | 38 replies
The company is growing, it’s got vibrancy, when you ICON the company gives you your cap back in stock, it is Agent owned so people care and it’s legacy wealth if you plan accordingly.

29 April 2024 | 0 replies
We used a hard cap lender that financed the purchase as well as the rehab loan.
29 April 2024 | 3 replies
BC has a transfer tax and is very tenant friendly with caps on rent increases (during rent renewals, not when new tenants move in).