27 October 2021 | 37 replies
You spent a total of six hours on the phone chasing them down and your time is worth $50 an hour, so that's $300.
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28 October 2021 | 12 replies
I spent $40k on the renovations and it turned out great!
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28 October 2021 | 6 replies
I have rental property, which I want to sell, but ....gain taxes.In my case it is exeptionalyl painfull, because I obtained this propertyas the part of divorce settlement and I am older person now.I already spent a lot of money for professional consultations, it helps but not to the end. ( lack of preperation from my site)I am in the process now to educate myself , as much as I can about 1031 exchange option.I want to be able to ask right questions during next expensive meeting with the lawyer orCPA.What I am looking for over her, for precious help....I am looking for recommendation of the websites which offer help with 1031,and this is their business,they do not require the client to be accredited investorthey provide the listing of properties for saleand what very important, they provide at least closely estimated analysisof the deal. ( price, rent amount, property taxes, other costs etc)After my investigations , I am the most interested in rural California,or Atlanta Georgia, or Charlotte North Carolina.During my searches I found website of type I am looking for, I think it was Atlanta,their listing was very limited, but provided this analyse.but I did not save it ( did not realized how preasure it was) and can not find it again.So please, if someone went through 1031 exchange process, please share the websideswhich helped to find the right property, even better if they manage rentals.My case is so pityful, so the cost to even higher limits is wort it.Thank you very much evaP.S:My expectations, with flexibilityTo have at least 600k from the saletake 120-150 k cash ( pay taxes on this amount)Invest in 2 sigle family housesTo have close to 2k cash flow from the rentpossible ?
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4 November 2021 | 17 replies
Big shout out to him and his time spent on the phone and in person with me lending me his vision and perspective on things.
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31 October 2021 | 4 replies
HML is restricted to a box that the property must fit into.
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1 November 2021 | 3 replies
The question I have is there are four camper trailers, two utility box trailers, an old tour bus, a couple of homemade trailer‘s, an old boat, two sheds, a play ground, four cars, and about 20 to 30 large white rabbits as well as a house full of junk.
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6 December 2021 | 11 replies
We spent a little more then usual because we wanted the finished product to be hi quality and we spent on nicer finishes, design and staging.
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27 October 2021 | 8 replies
I’ve made mistakes and lost some money on some of them BUT honestly the biggest mistake was the 2 years of analysis paralysis I spent before jumping in.
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18 November 2021 | 11 replies
But whatever, it was a good crash course on turning an apartment (spent several weekends hauling out trash, painting, installing LVP flooring, lots of YouTube university).
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2 December 2021 | 27 replies
I have a hard time thinking outside the box.