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18 June 2024 | 69 replies
Someone could give a point of view for a real exercise of wholesale ..There is a property that is not for sale but this deteriorated in an area where rehaber would find an opportunity.The property is in an area, which is also a thriving market for such business ..The property was spoken and agreed on a price before the inspection ...The investor and final buyer is at hand ...The day of the inspection costs will be determinedrepair and be given a final offer, putting theproperty under contract.the roll here would be ..controlling the property and then assign this to an end buyer.
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17 June 2024 | 8 replies
One from the management company telling me they finally got a quote which is double the current insurance price and no longer using Farmers but instead using Hartford.
17 June 2024 | 9 replies
@Patrick Irish based on what you say, the Sec 121 Exclusion and the 1031 Exchange both seem like they'd be good options for you to defer capital gains on sale of the townhouse.Sec 121 Exclusion has 3 requirements: First, Determine whether any of the automatic disqualifications apply (acquired property through 1031 exchange in last 5 years, or subject to Expat taxes)Next, meet the ownership requirement -> you owned the home for at least 24 months (2 years) out of the last 5 years leading up to the date of sale (date of the closing)Finally, meet the residence requirement -> owned the home and used it as your residence for at least 24 months (or 730 days) of the previous 5 yearsThere is no “Wiggle Room” but there is a Sec 121 “partial exclusion” for people like you that missed the residence requirement by a few months.
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16 June 2024 | 7 replies
We are looking at few lands at this time, have not finalized on any one yet.
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18 June 2024 | 31 replies
I understand that you're not happy with that answer, but that is my only answer and it is my final answer.
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15 June 2024 | 17 replies
My wife and I currently own one property in Cbus, and finalizing our second single fam prop at the moment.
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16 June 2024 | 10 replies
I read where he became famous for making one offer - his best and final offer - and if it wasn’t accepted he negotiated no further.
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15 June 2024 | 10 replies
I wish I knew how much more money would be needed after I finally owned the property.
15 June 2024 | 4 replies
I finally got in touch with the owner of the company and he says that we can expect the payments at the next scheduled disbursement date which is 2 weeks from now.