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7 February 2025 | 6 replies
•However, if your wife or her direct family members receive a financial benefit from the sale (e.g., inheritance distributions from the proceeds), the IRS may consider it a related-party transaction.3.Two-Year Holding Requirement•If the IRS deems this a related-party transaction, you’d need to hold the new property for at least two years before selling or exchanging it again to avoid disqualification.
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3 February 2025 | 15 replies
You are dealing with your first eviction/rehab but if that happens again in 6 months and it takes months to evict will that financially stress you?
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3 February 2025 | 11 replies
I'll let others chime in on their experiences, but from a motivational perspective, I think attending live events and getting the "conference high" is something that only happens through in-person connections and being in the same room with investors who are eagerly pursuing their real estate/financial goals.
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14 January 2025 | 37 replies
In this instance, there is no control and just hope.I would ask for financials, what happens if rates do not go down, and really get a better understanding.
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6 February 2025 | 16 replies
Hiring a 20 year old agent is similar to hiring a 20 year old financial adviser.
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6 February 2025 | 2 replies
Plan for the unexpected3.
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11 January 2025 | 12 replies
I plan to put a $600 utility cap in the lease.
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9 January 2025 | 44 replies
Financial terms.
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23 January 2025 | 3 replies
Happy to post more details on the financials but for starters we owe 1060000 on a 2.25% VA loan.
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12 January 2025 | 20 replies
You'll need more capital and most will require a personal guarantee and personal financial backing.