
27 December 2024 | 2 replies
For us we all typically use 0% business credit cards to furnish the property which can amount to $40-$60k+ depending on how crazy you go.
29 December 2024 | 13 replies
Many houses that have gas only have 100 amp service vs the 200 amp that is typical of all electric homes.

23 December 2024 | 15 replies
@Jeff Shaver You can leverage your $550K equity by selling your San Diego property through a 1031 exchange to invest in a higher-cash-flow asset, like a multifamily complex, while deferring capital gains taxes.

28 December 2024 | 3 replies
It just feels like I’ve been making a lot of short term sacrifices for long term gains and I have to be really diligent with money management. or I could also just try to borrow money for the renovation, and pay off the line of credit over time, but I feel like that really would limit me and if the stock market(my collateral) went down I could also see some trouble.

1 January 2025 | 22 replies
If you can attend local investor meetups, that’s a great way to gain market insight and connect with reliable people.It’s also smart to start small with a couple of flips to test the waters, and make sure you understand the local market dynamics before scaling up.Good luck with your expansion!

23 December 2024 | 5 replies
Future gains on the investment portion may be deferred with another 1031 exchange, while gains on the primary residence may qualify for the $250k/$500k exclusion if residency requirements are met.This post does not create a CPA-Client relationship.

23 December 2024 | 3 replies
@Landon Sheveland People do fix and flips while living into the property to classify the property as primary residence and not pay any capital gain taxes. if that is your intention, don't use LLC to establish this as your LLC.If your goal is different compared to what I said above, you can use LLC.

12 January 2025 | 54 replies
China manipulates there currency and the situation to gain from such trade imbalance.

27 December 2024 | 8 replies
But we’re starting to see this program gain traction along the Front Range especially with lower income tenants and properties.
29 December 2024 | 9 replies
Typically when you see "cash only" the agent doesn't believe the property can pass a home inspection which isn't relevant for construction loans in most instances and there are plenty of banks, hard money lenders etc. who offer construction financing on distressed buildings.