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4 February 2025 | 2 replies
Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.
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11 February 2025 | 5 replies
Scale Strategically (if this applies to your goals) Reinvest profits, use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), and leverage 1031 exchanges to grow your portfolio tax-efficiently.I'm a mortgage lender at Aslan Mortgage Lending and would love to find time to talk and discuss your journey.
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17 February 2025 | 6 replies
Eventually she just sold the contract for $50k cash (all profit to her) when the RV park sold.
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11 February 2025 | 3 replies
They'll accept that and release your property, and your life goes on as normal with your new lender or leftover profit from the sale.
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6 February 2025 | 2 replies
The problem with taking on a second property that needs work when you already have one is when major things break in both at the same time.
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14 January 2025 | 1 reply
I would like to get the names of non-profits in MD that run sober-living homes.
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12 February 2025 | 0 replies
Fix and flip for profit was kind of a no brainer since I could do all the work myself.
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9 February 2025 | 8 replies
It's creating new ways to unlock property potential and offers a pathway to profitable investments if you're targeting the right neighborhoods.Here’s the deal: SB-9 allows to split a single-family lot into two parcels and build up to four units.
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6 February 2025 | 9 replies
You need more than a pretty space—you need profitability.3.
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5 February 2025 | 4 replies
Have a strong partnership agreement that clearly defines roles and responsibilities, profit sharing, exist strategy, etc.