Olya Sorokina
Which Kitchen Design Would Sell Better?
24 January 2025 | 7 replies
Hello All,We are building a house for sale and need to decide on the kitchen layout.
Jake Thorpe
Tax liens - what do you know?
14 January 2025 | 5 replies
you have to inspect BEFORE the sale.
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
This will also allow you to avoid taxes on the sale.
Phong Tran
Inventory Home Price discount
22 January 2025 | 2 replies
DR Horton in Vegas absolutely will not give you a discount on the “sales price”.
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
And that’s if you can’t find something to buy for under $100k or time multiple sales at once.
Ryan Washer
Long Island New York meet up
26 January 2025 | 28 replies
I tried the Reia and it's basically a giant sales pitch
Devin James
Gross Margin Calculation for New Construction
27 January 2025 | 1 reply
Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball
James Boreno
Do I have to pay Capital Gains?
27 January 2025 | 6 replies
Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.
Ken M.
Pro Tip on Subject To - Subto
17 January 2025 | 4 replies
How many Due on Sale clauses have you actually seen enforced?
Annie Driscoll
All inclusive trust deed
23 January 2025 | 3 replies
Speak with lenders - and consider that although they might agree they could lend to you today - they might not be able to when you need the loan.Unless the existing debt has no due-on-sale provision, there will always be a risk of the underlying loan being called.If it were to be called due:1.