Vida Lolitaa
Agents to work with.
11 September 2024 | 16 replies
Very creative folks.Loopnet (rare you'll see any 4 plex or smaller here, sometimes)Crexi (commerical exchange) - some brokers who specialize in MF will list their small MF on here as well.Hope all that's helpful!
Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
But when you purchase a property, your basis for deprecation is the cost of the property to YOU (except in the case of a 1031 exchange, the rules are a bit different).
Anthony Prilo
How to refinance property out of residential loan into LLC
11 September 2024 | 8 replies
Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).
Shane M Plummer
5 Acre Parcel in Lakebay
8 September 2024 | 0 replies
we were challenged with the setting up a business, 1031 exchange, and paperwork side.
Michael Ming
Seeking Advice: Managing Tax Obligations and Property Down Payment
9 September 2024 | 7 replies
Just make sure they won’t place a lien on your company.Equity Partner: Consider bringing in an equity partner to help with the $300K down payment in exchange for a share of the property.Renegotiate Terms: Try to renegotiate the closing date or lower the down payment amount.
Masyn Grant Barney
Small Multifamily Only Works 1 of 4 Ways Right Now
12 September 2024 | 32 replies
And 1031 exchanges.
Josh Cocker
Low Inventory Mutli Family Market, Finding First Deal
9 September 2024 | 8 replies
Learn creative ways to cash flow that work for you AND also create a win for the Seller.CREATIVITY HACKOne cool way is to offer a seller more than they are asking in exchange for a lower interest rate or offer a much higher price for a zero % interest rate for 3-5 years.
Shalini Dawar
Property management Company by owner
6 September 2024 | 9 replies
("A real estate broker, for the purposes of this article, is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctions of any real estate . . ."
Sam Liu
Selling & Buying with 1031
5 September 2024 | 13 replies
@Sam Liu you might consider Reverse 1031 Exchange to avoid some of the challenges you mentioned you faced with timing and traditional 1031 exchange.
Victoria Rossi
Quit Claim Deed Taxes
6 September 2024 | 1 reply
Hey Victoria,So there wouldn't be any sort of income taxes related to this transfer of property as it is not considered a sale or exchange.