Investment Info:Single-family residence fix & flip investment.

You can "buy" the property from the QI for the $450K (the amount you lent to them). 

Purchase price: $25,500 Cash invested: $10,000 Sale price: $69,900 Quick Fix & Flip.Property was completely deserted & the family was indecisive about their plans for the home after a recent passing.

I understand the 25k guy .. and the seller carry back folks normally those I see that do that will get the amount they paid for the dirt back in the down payment and the note is pure profit.

Hello,I am wondering if anyone knows the answer to this, I am a Canadian citizen with many single family houses that I own in my Florida LLP, I am currently using the structure of paying taxes from the the profits from the LLP flow thru into my personal name, paying taxes in Florida and then having to pay the difference in taxes in Canada ( minus the amount I paid in Florida as a foreign tax credit).  

Would you rather spend a half an hour on a phone call, and under $200 to fix a small issue now, or the other end you people being slum lords and not handling YOUR responsibilities in owning, renting properties????

Fix/flip, PML and long-term rentals are my interests.

I let my accountant know theres an error and he is attempting to fix it.

Seriously not a guru goes by that is not charging an unconsciousable amount of money.

I have a separate account for my real estate properties and keep a base amount there.