
12 April 2024 | 36 replies
I wish you well in making your choice and that you succeed in acquiring your first rental home by 2024!

12 April 2024 | 1 reply
I have since acquired my own real estate sales license and subsequently broker license to start, grow, and operate Home Roots Property Management.

12 April 2024 | 13 replies
The process is certainly legal, but the articles have been implying that there may have been some title fraud going on to expedite the process (even in cases where the property was legally acquired).

11 April 2024 | 1 reply
My goal is to acquire enough properties and do enough flips to walk away from full-time work in 10 years.

12 April 2024 | 10 replies
Begin by investing in smaller properties or trying house hacking to acquire skills and expand your portfolio slowly.

11 April 2024 | 11 replies
Our goal is to acquire 10 parks in 2024Let's go!

11 April 2024 | 2 replies
., 17.5 years remaining for residential property).New Schedule: Simultaneously, start a new depreciation schedule for the additional cost basis attributed to the replacement property, following standard timeframes (27.5 years for residential, 39 years for commercial).Option 2: Treat as New AssetCombined Basis: Treat the entire cost basis of the replacement property (carried-over basis + additional funds invested) as if it were a newly acquired asset.Single Schedule: Depreciate the total cost basis over the standard timeframe for the replacement property type (27.5 years for residential or 39 years for commercial).If you choose option #2, you need to file an additional form (4652) with your tax return.

11 April 2024 | 10 replies
My primary about 50K (just acquired last year).Secondly, in your experience, what do you typically see for repayment length?
11 April 2024 | 5 replies
I spent the majority of that time traveling the country for small public company that had a niche in acquiring owner financed land notes.

11 April 2024 | 9 replies
Use the hard money fix n flip loan to acquire the property, do necessary repairs(If any), and just refinance the property into a conventional mortgage.