Xavier Perera
General investing (starting out at 21) Seeking advice and a Mentor
30 September 2024 | 10 replies
Build relationships, show them you are driven, and figure out how you can help them in exchange for information.
Sean MacDonald
Fix and Flip vs. Rental Properties.Which Investment Strategy Delivers Better Returns?
1 October 2024 | 7 replies
You don't have the benefit of maximizing cost segregation, long term capital gain, 1031 exchange, refinancing / lending, passive income vs regular income, etc. 3.
Daniel Alvarez
Excel template for financial analysis of LTRs
2 October 2024 | 12 replies
The file is limited on what it can do, and misses the mark on things like depreciation recapture or like-kind exchanges, which will impact returns, but it’s fairly sophisticated relative to what you can find out there or if you were doing it yourself with limited knowledge.
Juergen Weitkuhn
Confused in Wisconsin
29 September 2024 | 6 replies
The definition includes, but is not limited to: Negotiating, promoting, or advertising the sale, exchange, purchase, or rental of real property, or the granting or acceptance of an option to sell, exchange, purchase, or rent an interest or estate in real estate or a time share.
D Kirk
Creative Finance Pros - Seller Carryback w no money down deal
30 September 2024 | 5 replies
As a buyer, I’m usually willing to pay a bit more for the property in exchange for favorable terms—like a low interest rate, often between 0-3%.
Elizabeth Rose
Where to buy fully furnished properties for STR and MTR?
1 October 2024 | 12 replies
A client can also close on a new property in less than 45 days so no long closing or pre construction risk. 1031 exchanges are easy to fulfill with our model.
Paul Florez
Small apartment investing or continue building small multifamily (2-4) portfolio?
29 September 2024 | 21 replies
You could also refi the property with an 80% LTV, take less funds but have more stabilityGino Hey Gino,If I were to get rid of the duplex, I think I would go with a 1031 exchange but to my understanding, since I live in one apartment, I don't think I qualify for one.
Haemi Jung
Capital gains Tax
27 September 2024 | 8 replies
Unless you do a 1031 exchange you’ll owe about 15% of the gain and 25% of the depreciation to the federal government.
Natalie Carroll
1031 Exchange on Gifted Vacant Lots
23 September 2024 | 1 reply
We would like to sell them and use a 1031 exchange to purchase a larger tract of land that we expect to close on before the end of the year.
Daria B.
1st successful 1031x
26 September 2024 | 1 reply
Luckily these two individuals, separate states and realtor companies, had everything working and running smoothly including my title and exchange company.