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29 April 2024 | 3 replies
I currently don't have any money, credit score is fair, but don't want to bother with the banks. is it possible to get money somehow to make the payments according to the terms agreed to?
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1 May 2024 | 2 replies
Is this possible and any downsides other than having a higher mortgage payment?
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30 April 2024 | 4 replies
Hey @Alex Ferranti, Trust me, you are not struggling; it's just not as easy as it sounds or as gurus portray it online.
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29 April 2024 | 5 replies
It's a strict 2-year requirement.As for strategies to avoid capital gains on the sale, if your client doesn't meet the ownership and use requirements for the Section 121 exclusion, they might explore other options such as:1031 Exchange: If the property is an investment property rather than a primary residence, your client could consider a 1031 exchange to defer capital gains tax by reinvesting the proceeds into another investment property.Installment Sale: If your client is willing to accept payments over time, they could consider structuring the sale as an installment sale, spreading the recognition of the gain over multiple tax years.Charitable Remainder Trust: If your client is charitably inclined, they could contribute the property to a charitable remainder trust, receive income from the trust for a certain period, and then have the remaining trust assets pass to charity upon their death, potentially reducing or eliminating capital gains tax.These are just a few options, and your client's specific financial situation and goals would need to be considered in determining the best approach.
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1 May 2024 | 3 replies
How much cash do you have for a down payment and how much of a purchase are you thinking of making?
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29 April 2024 | 8 replies
Otherwise there is no incentive for them to work fast and smart.Also do you trust this designer?
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1 May 2024 | 7 replies
I use apartments.com as a tenant portal and to manage secure ACH transfers for rent payments.
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1 May 2024 | 7 replies
For example, do you need the software to collect tenant payments or are you looking for something to track depreciation expenses?
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1 May 2024 | 2 replies
I was forced to cash out my 401k in payments to minimize tax penalties, using it to complete house projects and pay off some debt.
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30 April 2024 | 0 replies
If anyone on here is experienced and willing to share information about getting into this game, connect with me to set up an interview so I can ask you questions, and/or collaborate on a deal, as I would love to gain hands-on knowledge and experience as quickly as possible, as well as cultivate trust and relationships that lead to more business and deals in the future.Thank you!