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19 October 2008 | 7 replies
Pay off the loan and pay taxes on the gain, and you've got a kitty of about $12K.
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15 October 2008 | 8 replies
I find doing an Equity Split (like a JV Addendum on the Sandwich LO) where the Seller PARTICIPATES IN THE NEGATIVE CASH FLOW and receives some benefit down the road.Equity Splits are valuable in expensive markets like SF, LA, NY, etc.Language might be:Ask the Seller to write down what they think would work.That way the seller gets exactly what they want, I sign up the deal, and then I clean it up later (checking with my attorney if needed).An Example:"Landlord to receive 20% of the amount of Net Profit.
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14 October 2008 | 2 replies
Quick question -If an investment property (in this case a fourplex) is purchased by an LLC consisting of 3 people and one of those people lives in one of the units for two years, can the LLC then avoid paying capital gains tax upon sale since one of the agents of the LLC has satisfied the 2 year primary residence requirement by the IRS?
1 November 2008 | 48 replies
Usually because senator's are involved going across the aisle just to gain support for one of their bills.
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5 November 2008 | 21 replies
After you gain some experience you can look to expand your holdings.
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11 May 2009 | 4 replies
You can let the property and grant you 5.5% rent return, plus a good investment return in 5 years as properties in Romania easily gain value over that period.
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21 October 2008 | 5 replies
The experience that you gain from your own transactions will allow you to profit by helping others.
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23 October 2008 | 12 replies
The reason is because i was thinking if i can work in an environment like that, i can probably learn a lot of valuable experiences.I am still a college bound student who is questioning if college is the right thing for me.
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21 November 2008 | 2 replies
Also, one gains experience through working as an intern for a local appraiser company.
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20 October 2008 | 0 replies
This may create a problem for the middleman, as assignment fees may be taxed at a different rate than short-term capital gains."