21 November 2024 | 24 replies
Maybe they own the house behind it and want to put up a garage or driveway access to their backyard.
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20 November 2024 | 37 replies
Plus to realize that appreciation it costs you money to sell, refinance, and potentially pay taxes on the gain.
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16 November 2024 | 12 replies
(And it also this a kick in the butt to find a financial planner, so I will be responsible and do that as well :))Return on Equity equation is adding up your returns (so actual cash flow and the gain on equity for one year) and divide that by your current equity.
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23 November 2024 | 38 replies
Technology today allows us to access detailed information and resources remotely, which makes it possible to make well-informed decisions even from a distance.Memphis is a city with a lot of hidden gems and under-the-radar opportunities that many investors miss out on simply because they’re not familiar with the local landscape.
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17 November 2024 | 5 replies
No experience with non performing notes.My idea is to buy these notes with the primary goal of accessing the property through foreclosure, knowing that there are several other possible outcomes.
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11 November 2024 | 0 replies
Opportunity Zones are designated distressed areas where long-term investment and development are encouraged.3 Reasons Why You Should Invest in Opportunity ZonesDefer or Eliminate Capital Gains Tax ObligationsWhen investing in Opportunity Zones through a Qualified Opportunity Fund (QOF), you have the potential to defer your capital gains taxes.
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15 November 2024 | 8 replies
@Alex Del Rio welcome and congrats on Real Estate Professional Status (REPS) this brings with it a lot of tax benefits that you didn't have access to before.
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16 November 2024 | 3 replies
@Andrew MaturanaTo gain a competitive edge in the hospitality industry, explore creative ventures, Triple Net investments, house hacking, syndications, joint ventures, and leverage business acumen, networking, and resources.Good Luck!
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16 November 2024 | 6 replies
However, once you start renting it out, those renovation expenses could be added to your cost basis, potentially lowering capital gains taxes when you sell.
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17 November 2024 | 7 replies
Using your own funds to pay down your loan so you get a bigger loan sounds like a zero sum gain (aka IE using 1 dollar to pay down loan so you can net 1 more dollar from the new proposed loan) So how are you going to net more cash when spending 1 dollar to get another 1 dollar ?