
20 August 2024 | 4 replies
Total cost is $3,200.I know the De Minimus safe harbor rule allows you to deduct anything under $2,500 and that anything over this amount, if considered a capital improvement, would need to be capitalized and depreciated over a certain period of time (the life expectancy of the improvement).

23 August 2024 | 2 replies
This could be an individual person willing to give you money, or a private bank, or an organization or business of some sort.The long answer is much longer and if you're interested in diving into the topic here's a few resources I can recommend:These are two great books (also available as audio books and e-books) that go over the fundamentals of what private lending are, what it means to raise capital, how to find deals to buy with private capital, and a lot more.

23 August 2024 | 4 replies
Has anyone found a way to transfer property bought with 1031 money and in LLC's name into a family members personal name without paying capital gains tax or what's the best way to go about this that works out for both parties?
24 August 2024 | 7 replies
if you would like to guess at current property value, you can adjust the asset value by plugging in a number for “unrealized capital gains”.

23 August 2024 | 9 replies
I suggest selling and avoiding the capital gain tax under section 121 so your friend can start fresh.

23 August 2024 | 19 replies
Capital- Every syndicator is always on the hunt for capital.

22 August 2024 | 0 replies
This strategy allows investors to defer capital gains taxes when they sell an investment property, provided they reinvest the proceeds into a like-kind property.

24 August 2024 | 9 replies
Repair my credit, build capital with W2, continue to educate myself, make smarter and educated steps.

21 August 2024 | 2 replies
https://www.biggerpockets.com/blog/dealing-with-resolutions-...
Sometimes, you’ll see a question in the BiggerPockets forums about whether it’s worth doing inspections when you get a property under contract. The answ...

24 August 2024 | 9 replies
If the property needs capital improvements and as it stands is worth over 125k I could see a lender potentially issuing a rehab holdback against the ARV..