
6 December 2024 | 2 replies
Hey everyone,I’m running into a challenge with selling my property and would love to get your feedback.

5 December 2024 | 2 replies
I was told by an agent Knoxville new build don't sell to investor because of limited inventory.

18 December 2024 | 13 replies
Quote from @Dina Schmid: You can sell anything you want, but that doesn't mean it will qualify for a home loan or be accepted by a building inspector.

14 December 2024 | 15 replies
If you are doing a BRRRR the rehab for a rental you intend to hold might be different than a flip you intend to sell.

12 December 2024 | 10 replies
This includes:- Purchase price- Renovation costs- Closing costs (buying and selling)- Holding costsThese expenses offset the selling price to calculate your taxable gain.
16 December 2024 | 8 replies
However, these costs can often be added to your property's basis, which helps reduce capital gains tax when you sell the home.Once the property is officially a short-term rental, subsequent repairs and maintenance would likely qualify as deductible expenses.

20 December 2024 | 20 replies
First - you have to mention what the syndication will do as that will have an impact on how you get taxed.Given that this is a real estate forum, it is assumed that you are investing in a syndication that will invest in real estate.Most real estate syndications purchase real estate in year 1 and have a plan of selling / exiting in year 5 or 7.Often times, the sponsor will get a cost segregation study which increases the loss on the K-1 presented to the investor in year 1.This may be important as it almost guarantees that there will be no taxable income from the syndication from year 1 to the year before exit.If the syndication does well and exits at a price more than purchase, it may result in a taxable income.

13 December 2024 | 5 replies
Should that property be sold again in the future, the property owner would convey all rights to the buyer EXCEPT the oil rights that were no longer the landowner's to sell.

13 December 2024 | 13 replies
You need to make sure that your property is easily financeable if you decide to sell it in the future and any future buyer can call out non-permitted items and actually report you to the building department or, at a minimum, ask for seller concessions.

14 December 2024 | 36 replies
As a result when the brokerage acts as the listing and selling brokerage it saves both home sellers and buyers money.