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18 February 2025 | 14 replies
If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.
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15 February 2025 | 1 reply
Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.
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11 February 2025 | 2 replies
I have a trailer house for sale, but I have need the money out if it faster.
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23 February 2025 | 19 replies
BUY some properties that will make you more money than the promotion that you are going to get for a couple of years.
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18 February 2025 | 3 replies
Since hard money eats into profits, consider private lenders, local banks, or partnerships for lower-cost funding.
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12 February 2025 | 75 replies
Never offer earnest money.
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22 February 2025 | 0 replies
One of the biggest mistakes newer investors make is over-rehabbing houses and spending too much money on these low ARV homes.
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22 February 2025 | 3 replies
I won’t lose any money or no recourse for defaulting?
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16 February 2025 | 11 replies
No Double Closings or Hard MoneySince the seller stays on title, I don’t have to use hard money or worry about double closing fees.
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22 February 2025 | 1 reply
I want to make sure I will not get scammed out of my money (has happened before).