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14 December 2024 | 6 replies
My understanding is the key is to keep separate bank accounts and financial transactions.
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13 December 2024 | 16 replies
You can get the cashier's check and do any other banking transactions from the convenience of your home office or mobile device without ever going to the branch with any of these banks.
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13 December 2024 | 6 replies
The gist of it is that when you dispose of your entire interest in a passive activity in a fully taxable (as opposed to a tax-deferred) transaction to a non-related party, i.e., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted.
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10 December 2024 | 5 replies
Tips or tricks that would help make transactions go smoother.
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17 December 2024 | 42 replies
If a bank sells a note to Dion at 87K, they know he's in the business of selling, he sells for 95K to someone else, that is an arm's length transaction, the borrower had nothing to do with it.
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11 December 2024 | 2 replies
If this is how it works, do I ever go through the title company like I would in a normal wholesale transaction?
12 December 2024 | 4 replies
The location you're referencing will likely require substantial rehab capital.There may be some out of state investor who hears NC and throws their money at a portfolio, but this feels like it'd need to be cash transaction.
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10 December 2024 | 17 replies
My go to for lowest hassles, taxes and transaction costs are Lease Options or selling directly to the renters.
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17 December 2024 | 13 replies
These foundational elements enable you to navigate transactions successfully and make informed decisions.While there are many resources available, including courses and mentorships, the reality is that without a foundational knowledge base, you might struggle to apply what you've learned effectively in real-world scenarios.
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9 December 2024 | 2 replies
On the October 21, 2024 sale, the 1031 was started with a Qualified Intermediary that same day, so the transaction is a transaction governed by Rev.