Yoshi Uem
Tax treatment for duplex selling
14 September 2024 | 6 replies
Can anyone verify the tax treatment as of today that a gain from owner occupant unit is applicable for Sec 121 exclusion, and a gain from rental unit is applicable for 1031 exchange?
Ryan Dunn
Best way to sell a portfolio
13 September 2024 | 7 replies
The benefits of selling as a portfolio is that when you do a 1031 exchange, you won't have to coordinate the sales of multiple properties, And this would minimize the amount of individual exchange fees.
Christina Colon
New owner- Tenant question
16 September 2024 | 13 replies
I’ve periodically had tenants at the Multis offer to “help with the landscaping” in exchange for a discount on their rent.
Sam Faas
How to structure a seller financed deal?
14 September 2024 | 20 replies
I've heard from several people who thought they had an owner finance agreement signed at the kitchen table, assumed they were paying down equity only to have the house sold right out from under them.Ben, How common is this that a seller is willing to give up their deed upfront in exchange for seller financing.
Carmen Assang
Tenant asked me to pay her first month rent to move out
17 September 2024 | 38 replies
I don't remember what it was called or what it contained exactly but basically she admitted to trespassing and gave up all her tenant rights in exchange for $2500 which I sent via venmo immediatly after she signed.
Tiffany Roberts
I hate my rentals- should I just sell and be done with this game?
17 September 2024 | 68 replies
Cut free of your "golden handcuffs" with the minimal interest rates on these properties and sell them all (or the biggest headache properties) and do a 1031 exchange into a bigger property or package of multi families where the cash flow is better, numbers make sense, and you can streamline property maintenance and management rather than having 6 different single family homes.
Michael Belz
Seeking Feedback on Multi-Family Deal Underwriting
13 September 2024 | 9 replies
I’m using funds from a 1031 exchange for the deposit.Can anyone provide insights or guide me on how to refine my underwriting or ask the right questions to ensure my numbers are accurate and this is a solid deal?
Walchli Donna
HELOCs - Calculator tool, Relinquished Debt with 1031
12 September 2024 | 1 reply
I'd like to sell my CO property and do a 1031 Exchange for a local FL property but I've been cautioned by members in the local investment clubs about potential Relinquished Debt consequences.
Don Konipol
Why I Believe Many Investors Have the Wrong Goals
13 September 2024 | 20 replies
This allows for a wide variety of ways to achieve the goal thru all aspects of real estate; investing in assets that have great capital gains potential but may not cash flow (options, land, redevelopment, gentrification, etc. ) utilizing “fee income” to build my estate (syndication, brokerage, partials, participations), and “creating” high yielding notes, and “creating” wealth through creative real estate buying, selling and exchanging.
Marcia Cajeira
Excited to join this community.
13 September 2024 | 8 replies
If you ever want to chat about strategies, financing options, or just exchange insights, feel free to reach out.