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25 November 2017 | 0 replies
Hi all,I have been a real estate investor ( buy and hold for past 12 years) learn a lot from BP.I Speack perfect chinese and fluent in English, wondering if any opportunity to work with good reputation term key company that want to target on over sea chinese as well as first generation chinese who lives in City like New York and CA to buy turn key or high ROI property in OOS.In New York I see them buy one million dollars condos that’s rents out for 3-4k per month .
30 November 2017 | 10 replies
Go to meet ups (website) and discuss interesting things in real estate.
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28 November 2017 | 9 replies
But more importantly the bright line test appears to be the "intent' of the tax payer.If your intent was primarily to resell (most interpret that as a forced appreciation/value add/low ball purchase scenario where the desired equity is present at the time of purchase) then you are treating the property as inventory and 1031 is not appropriate.If your intent was to hold to use or to generate income from, or to take advantage of longer term appreciation then you are treating it as an investment and 1031 is appropriate.
27 November 2017 | 7 replies
For the most case, for the stuff discussed on this website you don’t need a degree.
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26 November 2017 | 6 replies
What would one recommend investing in a Major downtown, metropolitan area, like downtown LA or SD for generating positive cash flow?
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7 April 2019 | 7 replies
if so, the focus on rent roll, your good credit, etc.According to what I saw on the VA website, you would be eligible for a VA loan for multifamily upto a fourplex if you lived in one of the units.Additionally, it is common for banks to consider the current rent rolls in the lending decision.
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27 November 2017 | 23 replies
Well then we fall back on the many guidance memos issued by HUD on the subject.....or we can simply see on HUD's website they make it even more clear in their section entitle "Reasonable Accommodations Under the Fair Housing Act:" "An assistance animal is not a pet.
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26 November 2017 | 0 replies
Is there somewhere I can see a sample of the report this tool generates?
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26 November 2017 | 7 replies
And a 1031 may not be warranted if your expected taxes are modest.I have couple blog posts on my website that give examples, but BP won't let me link them, so you have to google it.
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29 November 2017 | 2 replies
Can anyone recommend a great website that will give me prices for recently sold houses relatively close to the property I am looking at?