Clay Teegarden
Fix and flipping tax implications.
17 October 2024 | 9 replies
Hey Clay, When it comes to fix and flipping, the profits from the sale of a property are generally taxed as ordinary income rather than capital gains, especially if the property was held for less than a year.
Imani Naomi
Where to start - Multi-Family or Single Family Homes?
19 October 2024 | 16 replies
Confirming what @Siraj Alsafar said, you can 1031 any real estate held for investment or business purpose, including SFRs.
David Ivy
Austin Market Report - September 2024
16 October 2024 | 0 replies
Inventory has held steady around 5-6 months for some time now, with roughly 11% more active listings on the market last month compared to September 2023.
David Cianci
Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
There can be particular laws or costs in some places when it comes to putting properties under an LLC.Examine Financing Options: Look into financing choices for properties held by LLCs.
Brandon Gale
How do you handle unreasonable reviews?
18 October 2024 | 29 replies
I won't be held hostage for a review.I just had a guest threaten to write a bad review, if he didn't get his money back.
Jocelyn Bernstein
Purchased a tax lien from 2020 from another investor
14 October 2024 | 1 reply
The previous investor held the certificate since 2020.
Henry Lazerow
Recommendation for insurance property in LLC?
13 October 2024 | 2 replies
I have a lower priced 4 unit ($265k value) that is held in an LLC and am currently paying $2200 a year on it.
Hares Najand
Concerns with Property Management in Chicago Area
15 October 2024 | 8 replies
Their rationale is based on Illinois law, where security deposits must be held in a separate account and accrue interest if held over 6 months.
Chris Seveney
FDIC Insured Funds / Syndications
14 October 2024 | 1 reply
One thing every investor needs to be aware of: No real estate fund or syndication is FDIC insured.You may come across phrases like "the money is in an FDIC insured account," which only means the funds are held in a bank account, not under someone's mattress.
John Underwood
STR insurance in Florida
17 October 2024 | 14 replies
I feel after a "thousand year event" the area held up remarkably well, and I continue to stay bullish on Florida and especially the Tampa Bay area.