Dionte Griffin
first deal advice
3 January 2025 | 3 replies
I am looking to create a value ad to the property.
Francisco Ruiz
Snowshoe, WV - Condo or Home
16 December 2024 | 11 replies
You make revenue here and there but the goal is to generate enough in the winter to sustain all the expenses for the entire year.
Ethan Borshansky
Can you 1031 Exchange into capital improvements?
2 January 2025 | 5 replies
The general idea is that you must acquire an interest in real property you do not already own, and since you already own the subject real property you want to build on, the transaction must be structured so that you are creating an interest in real property you do not already own (in fact, it does not yet exist).
Annie Anson
How to meet material participation hours for out of state investors
17 January 2025 | 21 replies
This post does not create a CPA-Client relationship.
Franc Seferi
Out of state investors
16 January 2025 | 0 replies
This creates a market for both short-term and long-term rental properties.Affordable housing, Compared to cities like New York, Washington D.C., or Boston, Philadelphia offers relatively affordable rent, or section 8 tenants, especially those who are relocating from more expensive areas.
John Gillick
1031 leverage question on partial sale
15 January 2025 | 11 replies
While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.
Michael Nguyen
Due on sales clause...Has anyone experienced this?
31 December 2024 | 2 replies
We plan on creating an llc.
John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
You rent it for one year and create a successful STR business that shows a trailing 12 month net income of $75,000.
Cherie Carr
Track Driving for Dollars?
10 January 2025 | 2 replies
I own DealMachine and I created the app to do exactly what you're asking for.
Jeremy Beland
The Crazy Title Issue That Almost Ruined Our Deal – But We Got Creative!
13 January 2025 | 0 replies
She walked away with $1,500 in hand, and we salvaged the deal, netting $8,500 in the process.That deal reinforced two crucial lessons: first, title issues can create unexpected hurdles, even in straightforward transactions.