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3 April 2024 | 6 replies
You should use either LLC’s (the old and expensive way) or a Series LLC (the new and more cost/time effective way).
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4 April 2024 | 10 replies
Sounds like it's straight up not an exchange because he already owns the like kind property he's trying to build on.
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3 April 2024 | 2 replies
A prospective Buyer is likely looking for a place to move in with their family, and if you have a long term tenant in place with no future vacate date, then you are really limiting your buyer pool, and effectively running down your sales price.
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4 April 2024 | 19 replies
Hey Jacqueline, Sounds like you are talking about a DSCR or Commercial Loan and vesting in your LLC.
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3 April 2024 | 5 replies
This sounds like a live in flip, which can be a nice way to get some tax free capital (if you live in it for two or more years).
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3 April 2024 | 14 replies
Sounds like you have a great first deal
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4 April 2024 | 8 replies
This sounds like a great situation for a DSCR loan.
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2 April 2024 | 2 replies
I will make the property cash flow as an effective short term rental operator.
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3 April 2024 | 3 replies
You're getting a triple whammy of (1) paying a huge tax premium for not 1031 exchanging, (2) trapping even more equity into a position where it's not actively working for you, and (3) possibly engaging in renovations that aren't cost effective.