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23 February 2025 | 3 replies
i bet there are lots of other investors in Virginia in your same position - you just need to find 3-5 of them to do this.hope this helps - happy to help furtheri used to live in Northern Virginia and still have a rental property there
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17 February 2025 | 13 replies
Consulting with an attorney may also be helpful.
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15 January 2025 | 1 reply
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22 February 2025 | 8 replies
I’ve helped on a few developments in the CS area.
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13 February 2025 | 4 replies
Renting out one side can help offset your mortgage, which is a huge advantage while you're building financial stability.
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22 February 2025 | 5 replies
@Michael VelezHouse hacking is a great way to start investing, as it helps you reduce living expenses while building equity.
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19 February 2025 | 3 replies
Working with @Benjamin Carver or another good agent to help find and close on a deal will be the key.
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19 February 2025 | 6 replies
That could help manage tax liabilities while keeping the property in the family.
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18 February 2025 | 9 replies
But here are ways to reduce capital gains taxes:Deduct expenses (renovation, selling costs) in 2024 to offset gains.Hold for 1+ year to qualify for lower long-term capital gains tax rates.Invest in a Qualified Opportunity Fund (QOF) to defer taxes.Use tax-loss harvesting to offset gains with investment losses.Pushing 2024 deductions to 2025 won’t help much with 2024 capital gains.
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16 February 2025 | 11 replies
Easier to ScaleWith less reliance on deep-discount deals and cash buyers, I can scale novations faster than traditional wholesaling.Final ThoughtsI’m not saying wholesaling is dead, but novations have helped me close deals I would’ve lost before.