
10 September 2024 | 8 replies
@Michael MingPay the IRS and postpone buying the property.

10 September 2024 | 10 replies
Personally I would look at doing a cash out refinance to buy more property instead of selling, but a lot depends on your specific situation.

11 September 2024 | 7 replies
If you do a 1031 and buy a new property for 400k, your new basis is 250k.

10 September 2024 | 1 reply
We are planning to buy a rental property for long term rental putting 50/50 for the DP.

10 September 2024 | 5 replies
Im looking at properties to buy, and saw a tenant in a 4-unit property I like paid $1,000 in late fees.

10 September 2024 | 7 replies
Hi I just went in to contract on my first fix & flip in Scranton Pennsylvania, and I am looking for straragies how to avoid paying big taxes for the capital gains, (beside of deducting of the expances).I heard that if I am buying a property through an LLC and then I am selling the LLC not only the house that could help, but I am not sure how to do it or it's really working, could someone with experience help?

10 September 2024 | 4 replies
Depending on your method, I will use your 100k of cash to invest out of state, like Alabama, to buy two to three properties (leveraging the loan and cash flow) or purchase an Alabama house in all cash (higher cash flow).Keep on renting in the meantime.

10 September 2024 | 7 replies
Remaining mortgage is $107,000.You may also ask, why not buy another property with this money?

10 September 2024 | 3 replies
Hey Kevin, nice work buying a primary residence on a double lot!

10 September 2024 | 13 replies
I've been looking at buying my first property in Florida, and would like some advice / suggestions on markets to look out there.