Rennell Goudeau
Eager wholesaling apprentice
16 January 2025 | 3 replies
Keep it short and respectful of their time, and offer to meet in person if they’re open to it.Join Tacoma-specific Facebook groups.
Ethan Borshansky
Can you 1031 Exchange into capital improvements?
21 January 2025 | 6 replies
By themselves, improvements to property you own are considered to by personal property and not real property.
David Burton
New member learning to wholesale! Milan, TN.
2 February 2025 | 7 replies
My goals for joining is to meet people, build relationships and hopefully get my own thing going!
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
Quote from @Jessie Dillon: just my 2 cents.. i'm not a fan of the syndication model. there are better ways to invest more passively where you have more of a say in what goes on, can achieve higher returns, and can have your personal interests at a higher priority.
Jonathan Abrado
Pace Morby Gator Method Course Review
25 January 2025 | 155 replies
Super risky for an unexperienced person then nearly a waste of time for an experienced lender.MOST wholesalers (my assumption) won't care about someone else's $ especially if there was no relationship before with one of these EMD lenders.
Jason Hatfield
Buying a house at auction
29 January 2025 | 9 replies
Quote from @Jason Hatfield: @Jaycee Greene they require a non refundable deposit and give 48hrs to see proof of funds I would suggest developing a relationship with an HML/PML that would give you a "guidance line" that would basically be a "pre-approval" for situations like this to present to the buyer/auction company.
Robert A. Coloma
Anyone dealt with a company LOANGUYS?
20 January 2025 | 62 replies
We are committed to building long-term relationships with our clients.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
This approach helps maintain strong relationships with tenants and avoids disputes.Hope this helps!
Esther Kamga
How to find Leads
24 January 2025 | 2 replies
Instead of platforms like Angi, try building relationships directly with contractors, architects, and developers.
Eric Smith
1031 exchange with a related party
5 February 2025 | 5 replies
However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.