Muhamadou Kaba
Refinancing out of Bridge Loan
5 October 2024 | 11 replies
Exploring all solutions to repay the Bridge Loan and even partner with anyone who may have a solution in exchange for ownership in a property in a good neighborhood and tenants who are on time with rent payments.
Tony Schneider
How to approach off-market industrial property
6 October 2024 | 1 reply
Alternatively, you could waive the commission in exchange for a small equity share in the deal, aligning yourself with investor success.Once due diligence is complete, network through real estate groups, your spouse’s contacts, or online platforms like BiggerPockets to find investors.
Jill Hutson
How do you handle a long vacancy (2+ months)?
4 October 2024 | 26 replies
You can do this through a 1031 exchange and still defer your gains.
Kevin Mirise
High cashflow Lodging house, walkable beach community S of Boston
1 October 2024 | 2 replies
Investment Info: Multi-family residential buy & hold investment located a 20-mile drive or 25-minute ferry ride from downtown Boston in the beach town of Hull, Massachusetts, also known as Nantasket Beach.Purchase price: $550,000 in 2016Cash invested: $137,500 from 1031 exchange (75% mortgage)A 14-unit property on a corner lot, and it includes an adjacent lot as well (10,000 sq ft total lot size, double the town median lot size), giving an exceptionally large patio, yard, parking areas front and back, and a storage shed.
Teddy Mao
Just looking for the best way to (re)start out
3 October 2024 | 9 replies
Hey @Teddy Mao, you have some real great advice here; sounds like a better option to just sell the property, maybe do a 1031 exchange and purchase another property that does cash flow 😃
Freddy Castillo
Sell or keep
30 September 2024 | 3 replies
I'd do a 1031 exchange and defer capital gains.
Deborah Wodell
Thoughts on Using DSCR Loans
3 October 2024 | 14 replies
This will incentivize me to sell and buy a better, more expensive property (1031 exchange.)
Marcus Welson
Capital Gains and Basis on Interest Acquired Over Time through Surviviorship
5 October 2024 | 2 replies
I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over time, as each joint tenant passed away, leaving 1 sole tenant who gained full ownership by rights of survivorship.I've gotten differing opinions from different professionals and am trying to understand the calculation of the basis and the final capital gains tax that would be due myself so I can spot bad advice and understand deals.Assumptions:A condominiumNo depreciation has ever been taken by any owner.No 1031 exchange.No expenses or improvements.
Samantha Coppinger
How to turn down a tenant I already accepted a holding deposit for
8 October 2024 | 22 replies
So, this is about your feeling about that exchange (communication) as they have not yet failed to perform what they promised since it isn't mid October yet.
Joy Hagerty
1 to 7 with 1031 exchange
25 September 2024 | 1 reply
Purchase price: $630,000 Cash invested: $30,000 I was selling another property and used the 1031 exchange fund to put down the downpayment for this property, and it was cash-flowing from day one.