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27 January 2025 | 2 replies
An experienced agent would have worked with the seller to do the repairs before they sold, and captured the forced equity in the sale.
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27 January 2025 | 23 replies
LouisReleasing Federal Land for private sale?
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26 January 2025 | 28 replies
I tried the Reia and it's basically a giant sales pitch
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6 February 2025 | 10 replies
This could significantly increase the sale price and net profit after selling.Pros of Selling: Immediate large cash flow that could be reinvested elsewhere (stocks, other real estate).
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21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
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2 January 2025 | 12 replies
Trust invests the cash to make the payments on the installment sale to the seller.
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8 February 2025 | 34 replies
This home is for sale, circa 1920s.
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24 January 2025 | 5 replies
But you have to purchase new investment property of at least as much as your net sale to avoid tax.
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27 January 2025 | 0 replies
Currently operating and cashflowing, listed for sale What made you interested in investing in this type of deal?
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7 February 2025 | 22 replies
Selling costs would be 8-10% of the sales price but there should be an estimated proceeds sheet that would show you costs.