Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
13 January 2025 | 1 reply
I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR.
Kody Smith
Hello, I'm just Getting started with creative finance.
24 January 2025 | 4 replies
Set up a Joint account with the seller so you can make deposits to continue the automatic payments to the lender until you refinance the property.Thanks,Dustin
Lauren Ruppert
How do you get a spouse's name off of the property if divorcing?
24 January 2025 | 4 replies
I would definitely speak with an attorney before selling/disposing of the property prior to the court addressing the joint assets - you could easily open a can of worms.
Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
If we rent to own, they are OK, but we cant refinance because we don't have the deed.Are there any unique scenarios to help us get the property for little money out of pocket, we have the ability to have the deedSign a lease agreement with a purchase option that allows you to buy the property at an agreed price at the end of the lease term, consider establishing a partnership with the seller to jointly invest in property repairs and improvements.
Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
Just about any bank can open a joint account.
Jordan Meltzer
Where to invest my cashflow?
21 January 2025 | 9 replies
Might have to do a joint venture.
Jason Proulx
Should i keep house or rent it in 2025
23 January 2025 | 6 replies
Some thoughts to consider:If you sell now, you are unlikely to pay capital gains taxes as your first 250k (500k if married and filling jointly) aren't reported.Doing your first rental remotely is undesirable without 1.)
Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 replies
Keep track of 3 buckets.1) Owner occupied portion - potential deductions for schedule A2) Tenant occupied portion - potential deductions for schedule E3) Jointly occupied portion - likely prorated for both schedules.There are nuances to this, so I recommend looking for a tax pro who can coach you on this.
Jorge Abreu
Key Takeaways for You to Turn Your Multifamily Real Estate Dreams Into Reality:
9 January 2025 | 0 replies
➡️Consider joint ventures or syndication.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
This strategy allows them to eventually exclude up to 250,000 (500,000 if married filing jointly) of gain from taxes when they sell the property as a primary residence.Hope this helps!