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Results (10,000+)
Alex Ferranti new wholesaler looking for help finding good deals and investors
30 April 2024 | 4 replies
You shouldn't wholesale deals on market as it's a conflict of interest. 
Robert M. Parents loaned me down payment for duplex, I sold it, now who pays capital gains?
3 May 2024 | 33 replies
Lesson learned on going into business without exit plans, I guess...For reasons out of scope here, I just filed my 2021 taxes and the IRS hit me with a $30k capital gains bill (not including interest or penalties).
Charlotte Chew Property management in San Antonio
3 May 2024 | 6 replies
What are some companies you've worked with, pros/cons of their business and amount in fees they charge?
Alex Woolums Alex Woolums: Excited and Diciplined
3 May 2024 | 1 reply
Ok, I'll bite.....give an example of a home that is affordable, sustainable and desired by many.Remember it is critical that you as the business owner (and your partners/investors) make a good profit after paying overhead and operating expenses.
Lataunya Williams Airbnb Duplex in Atlanta, GA
3 May 2024 | 0 replies
Business credit & personal savings How did you add value to the deal?
William Butler Hard money to owner occupy
3 May 2024 | 3 replies
As everyone has stated, HML are normally for business purposes.
Bubba McCants Seeking Recommendations for Property Management Software for LTR and STR
3 May 2024 | 11 replies
I use Appfolio in our business for LTR and we really enjoy it.
Max M. Closing costs on sale of rental (cap gains exempt)
30 April 2024 | 4 replies
I've seen conflicting information on when/whether these costs are deductible — most, including Pub. 536, seem to apply to the *purchase* of a rental property, and resources that deal with sales have focused heavily on either straight-up sales with capital gains taxes or on 1031 exchanges with deferred gains.
Dean Bergstrom DSCR, HELOC or traditional loan?
3 May 2024 | 12 replies
Yes you can use the cash out proceeds to payoff a mortgage balance for an investment property since it is still qualified as business purpose use. 
Matthew Kauk Llc for AirBNB/STR
3 May 2024 | 8 replies
LLC's are more used by larger investors and people who do not qualify under their personal names and have to ue business purpose loans and they require the property be in an LLC and not an individual.