Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
I backed up, regrouped and went smaller to gain more experience.
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
I am eager to learn the in's and out's of Charlotte residential real estate market as well as gain some experience flipping houses while turning a healthy profit for myself and investors.
Jorge Torres
Excited to Connect and Learn!
6 January 2025 | 2 replies
Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
I have not lived in the property two years and feel that any profit I may make on a sale would get chewed up by closing costs and capital gains.
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
*As a side note, I think maybe it would be fun also to try and identify where new technology or machine-learning driven approaches could increase efficiency in the spaceAs for my financial situation, personally, I have around 50k saved but 20k of it is tied up in assets I don't want to pay capital gains tax on.
Chris Menne
Should I Sell or Rent Out?
3 January 2025 | 18 replies
If you have lived in it for 2 yrs I would suggest renting it for 2 - 3 years and then selling it to avoid capital gains taxes.
Adedayo Adetunji
Stranger occupied property without consent
8 January 2025 | 5 replies
And, the longer you wait to act, the longer the squatter stays - and even gains some legal protections to stay while your waiting on a slow court system to act on an eviction.
Josh Palmer
Lost and need help!?!?!?
13 January 2025 | 3 replies
But once they give it to you, you inherit their cost basis and have a taxable gain.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
It's pretty much why I'm putting myself out there on here, which to gain insight on other's experiences with working a dual agent deal.
Michael Puwal
Can someone explain the Buy, borrow die concept.
30 December 2024 | 7 replies
All the depreciation and the capital gains go away.