Mix of hard money and cash personal funds How did you add value to the deal?

For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income?

Purchase price: $155,000 Cash invested: $215,000 Sale price: $417,500 This single family home project was a personal flip project.

I’m not active as I’ve only been to a few in person meetings before COVID but I can tell you that it’s a quality group.A friend of mine wanted to get into real estate investing.

I believe this would be a great property for a person from the states as most of our renters are from the US & Canada.

A non-resident alien for tax purposes is a person who is not a U.S. citizen and who does not meet either the “green card” or the “substantial presence” test as described in IRS Publication 519, U.S.

Assuming the property is appraised at $650,000.00 I am hoping the equity will get my LVT to 75% eliminating the PMI, adding to the potential cash flow when I go to rent and then putting that cash flow + personal savings away to raise capital to buy another piece of property.I realize that in order to buy my next piece of property I will want to put down 20% to avoid PMI and a high mortgage but saving 20% for a piece of property in my area is going to take some time due to the high price ranges $500,000-$700,000.

ADA kills so many commercial remodels. :(  I mean, I get why it's needed, but even what passed the rules in 1985 won't pass the rules now--they keep changing. 

I don’t have any experience doing this personally, but I’m on Long Island and this is exactly what the couple who owns the property that my girl lives in does.They bought a home, lived in the home while they renovated it, added a basement unit and rented it out.

He will review them with his personal real estate attorney and if all is good he signs them.