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2 October 2024 | 2 replies
Private lenders are becoming a go-to option because they’re able to close deals quickly without all the hoops that banks make you jump through.
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6 October 2024 | 26 replies
I'm not looking in Winhall and I've given up on Wilmington because of the uncertainty about the rules and regs.
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5 October 2024 | 2 replies
Death of Person A (11/2020):• Fair Market Value at Death: $180,000• Step-up in Basis for Person C upon death of Person A:• 33.33% of $180,000 = $60,000• New Basis for Person C: $26,667 (original basis) + $60,000 (step-up) = $86,667 for 66.66% ownership.4.
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2 October 2024 | 4 replies
***What I am planning to do***- Continue the aforementioned activities to find a parking lot or garage for my mentor to close on (which I get a finder's fee).- Partner with an experienced syndicator or investor who is interested in taking down parking deals for long term holds.
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1 October 2024 | 3 replies
Don't believe the hype and misinformation out there.This is the fourth deal we've closed this year.1.
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1 October 2024 | 10 replies
I am buying a home from an investor in Ohio and need help with the county taxesThe county the homes around 80k and I was going to buy it for around 400k how much will my taxes go up.
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1 October 2024 | 7 replies
You bring up a disadvantage of buying down rates I hadn’t considered before.
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6 October 2024 | 8 replies
I faced a similar problem and ended up creating custom designed Excel spreadsheets that auto-populate with each other.
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7 October 2024 | 6 replies
I don't see why you can't buy a business, make money from your business, and role it into a real estate deal to create long term wealth with tax benefits.That is what I ended up doing.