
21 November 2018 | 39 replies
In general I agree that you shouldn't take a essentially risky investment and make it just for the tax benefits but some of these opportunities zones are in up-and-coming areas where you might want to invest anyway and if you're trying to decide between investing in an area that's up and coming in in an opportunity Zone and one that's up and coming and not in an opportunity Zone it would be crazy not to choose the one that's in the opportunity Zone particularly if you have some capital gains that you want to defer. the major benefit of opportunities on is that you can take capital gains from any investment class capital gains from a stock sale for example and use them to buy a business or real estate in an opportunity Zone provided you follow the rules and put it into an opportunity Zone fund and all that and then you can defer those games for up to 10 years but even more important part is if you do defer them for 10 years any games that you gained from the investment in the opportunity zone are 100% tax free.

22 November 2018 | 9 replies
I also do all of my own bookkeeping, so the accountant really just compiles everything, makes sure the appropriate rules are followed, etc.

18 November 2018 | 11 replies
But maybe you are right, and the broker can push the seller from the bridge harder if they see a profit.

19 November 2018 | 2 replies
You will get ACTUAL results the second you stop following blindly what others claim without justification (actually it is NEGATIVE justification if their return rate is 2%?!

2 December 2018 | 10 replies
ARVs pushing right up toward the median now, so you really have to go subdivision by subdivision, or even street by street, to get a feel for which areas are rental areas and which might be better for low end flips.

20 November 2018 | 12 replies
Having said that, you should be able to get a 20 or 25 year term, with a rate pushing 6%.Here's what the lender is seeing.You and your partners are in an LLC (so that makes the loan commercial unless you're going to put it in your personal names).

14 February 2019 | 16 replies
According to the posted link, related party 1031 Exchanges are permitted provided you follow specific rules and guidelines issued by the Internal Revenue Service.

20 November 2018 | 11 replies
However, a lot of eyes are on these so the prices get pushed up quickly.

23 November 2018 | 21 replies
This frees up your cash to allow you to keep making transactions and allows them to follow the lender guidelines.For rental, there are lenders that will loan 75% Cash Out, and I have heard of lenders offering more locally out west, with a 3 month seasoning requirement for market value.For primary homes, or house hack strategies, a HELOC may be the best bet, as lenders vary, but overall some strategies will offer the best savings of all.

27 November 2018 | 9 replies
I stole the following from @David Greene almost in its entirety.