Pete Harper
1031 into upREIT
18 November 2024 | 8 replies
Once you convert to operating units in the REIT you can’t 1031 exchange anymore, but you may have the ability to sell your interest in small amounts to pay capital gains tax over time.
Melanie Baldridge
What is recapture?
14 November 2024 | 10 replies
But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.
Mike Jakobczak
The Truth about your E-mail Account
14 November 2024 | 21 replies
Originally posted by Patrick K:I agree as well, however I HATE my email client for my website and love using gmail, but I would never send an email from anything but my company account.If I could find a email client that is close to gmail or somehow mirror my company email account through gmail I would be a happy man.Gmail definetly has the ability to send/receive POP3 email from other domains.
Dongzi Wu
Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
The judge approved an order granting Adams more power, including the ability to subpoena and sue parties in an effort to recover assets for creditors.
Chris Williams
Deal Going Sour
15 November 2024 | 18 replies
And there was no chance in hell that my investors would not get their money back: I had confidence in my deals and my ability to manage contractors and enough of my own capital as a risk buffer.
Chi Sastry
Sub-To mentorship/education or mastermind options...
12 November 2024 | 11 replies
Quote from @Jay Hinrichs: my advice is to get some cash first.. dont be so focused on super high leverage. do seller finance first .. forget sub too until you are very well established and have ability to cash out the loans or refi on a moments notice @Don Konipol Don gave you chapter a verse about the sub to risk/rewards.
Anthony Britto
Basement conversion in Providence possible?
12 November 2024 | 5 replies
I am in an R3 zone so I am under the impression I have the ability to do so.
Mad Dendukuri
When is relocation to tenants required for doing repairs
13 November 2024 | 8 replies
Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.
Jonah Slove
Land Purchase and Subdivision Process
11 November 2024 | 9 replies
You can do all of those to increase value or sale ability.
Luis Puente
Is really worth it to get my real estate license?
14 November 2024 | 9 replies
Direct access to MLS data, multiple solutions for sellers (off market cash deal or listing), ability to rep. yourself on your own deals (saving on commission), and of course, education & networking.Having a license costs $$$ though.