
26 February 2025 | 5 replies
They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains.

26 February 2025 | 5 replies
What is your price range/down payment amount?

8 February 2025 | 5 replies
The spring and summer months were about half of that amount between the two of them.

11 February 2025 | 31 replies
One is the fund type and the other is project type.I’m in favor of the project type as it allows for money to be put to work immediately and it’s a set amount.

23 February 2025 | 18 replies
I found someone in my area with a decent amount of experience in real estate who advised me to first purchase a single family home of my own (starter home) then proceed to use that as my first rent house in a few years time.

7 February 2025 | 7 replies
My managment company has made more than a reasonable amount of attempts to get the HOA to have this repaired.

20 February 2025 | 9 replies
Unsure with the amount of Reno needed, tenant occupied and evictions in place - if the property will sell as it.

11 February 2025 | 3 replies
We specialize in working with fix/flippers and work with a good amount of out of staters.

27 February 2025 | 25 replies
If you are looking for turnkey properties, buying at or below lender LTV will likely not be possible because you are paying for someone else's value add/profit. but if you are adding value(Buying distressed) and adding your own value, then your possibilities open up tremendously.The mission is to limit the amount of cash in the deal.

20 February 2025 | 7 replies
And more often than not we get preferred interest because of the amount we contribute together as a club.