David Sohn
Buyers Rep Necessary?
7 January 2025 | 2 replies
I'm working on a creative finance deal with a 50/50 subto/seller finance deal.
Collin Luckett
Raising Money / How to Structure
9 January 2025 | 9 replies
Because it looks shady to most sellers, in a variety of ways.
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
They can also give you a better idea of how much you should be prepared to pay so you can cruise through your closing with confidence.And as you plan ahead for closing day, be sure to budget for your real estate agent’s professional service fee too, in case the seller doesn’t cover it.
J. Mitchell Bernier
Valdosta, GA Market Update
10 January 2025 | 0 replies
Transaction volumes continue to be slowed with days on market increasing, but Sellers are remaining defiant and not coming off too much of their higher prices.
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
I prefer to source all my deals off-market, which allows me to find properties with less competition and negotiate directly with motivated sellers.
Bree Jimenez
Hi everyone, excited to be apart of this community.
28 January 2025 | 22 replies
In my opinion, dealing directly with the seller for the first deal can be difficult.
Melanie Baldridge
A post on recapture.
21 January 2025 | 2 replies
This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.
Jerry Zhang
Agent Outreach to find seller finance multifamily deals?
22 December 2024 | 8 replies
I have some experience doing this and I reacted when I heard that 99% of agents don't know what seller financing is.