14 August 2024 | 1 reply
When you guys calculate ROI on a rental property do you typically include the equity gain from paying down your mortgage?

20 August 2024 | 15 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

16 August 2024 | 19 replies
A 1031 would allow you to use the taxable gain on the property you would have to pay, to purchase another or multiple investment properties.

20 August 2024 | 21 replies
Also note, as I learned the hard way, different governments define and calculate capital gains differently!

20 August 2024 | 45 replies
This makes the strategy viable for managing a due-on-sale clause, as it effectively keeps the transaction off the lender's radar, delaying or avoiding the clause's enforcement.While this method can solve the due-on-sale clause issue, it does come with a calculated risk—primarily depending on the trustworthiness of the seller and the specific legal environment.
15 August 2024 | 2 replies
Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.

17 August 2024 | 0 replies
I might be calculating things poorly or overlooking something, but I'd prefer to be on the safe side.

16 August 2024 | 6 replies
Attend local meet-ups to network with wholesalers, agents, investors, lenders, and contractors.Always calculate your own figures and be cautious of deals from major wholesalers.

14 August 2024 | 1 reply
The seller would like to net the most but also carry a note after at least 50k in taxable proceeds, in order to defer her capital gains.