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14 August 2024 | 1 reply
The seller would like to net the most but also carry a note after at least 50k in taxable proceeds, in order to defer her capital gains.
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14 August 2024 | 1 reply
I'm looking for deal structure, pros and cons, tips, etc.My goal is to buy some of these new small affordable starter homes at a price that will cash flow, after foregoing my half of the equity split.
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13 August 2024 | 15 replies
Clues https://www.boston.gov/departments/inspectional-services/short-term-rentals#:~:text=Boston's%20Short%2DTerm%20Rental%20(STR,%2C%20and%20three%2Dfamily%20buildings.
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12 August 2024 | 1 reply
Some say it’s possible to implement this strategy in Germany, while others claim you can't, due to regulations preventing the sale of mortgaged property before 10 years.There's a lot of confusion and misinformation, and no one seems to have solid information.This strategy is well-documented in the USA, with numerous videos on YouTube.
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14 August 2024 | 6 replies
After years of sort of cruising on auto-pilot with a single tenant on a long-term lease, we figure it's time to assess the real value of this longtime family investment in case it might be time to sell.
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12 August 2024 | 1 reply
Are you referring to the Market Finder tool or the classifieds section where you can post asks and offers for real estate services?
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15 August 2024 | 13 replies
Any additional tips or corrections would be greatly appreciated.Example:If the PM sends an owner statement showing:Gross Rent Collected: $3,000Property Management Fee: $300Miscellaneous Expenses: $200Net Rent (Amount Deposited): $2,500In QBO, I would:Record an income entry of $2,500 for net rent.Separately, record any additional expenses paid directly, such as:Mortgage: $1,200Insurance: $100Property Taxes: $150Summary:Property Accounting: Handled by the PM company and detailed in the monthly owner statements.Corporate Accounting: Recorded in QBO, focusing on net rent income (after PM deductions) and any additional expenses incurred.Please let me know if this approach is correct and if you have any suggestions or adjustments to ensure compliance and accuracy in my accounting processes.Thanks for your guidance!
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13 August 2024 | 13 replies
I was recommended Security Service Federal Union.
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13 August 2024 | 9 replies
Hi I'm looking for lenders that will do a bridge loan on 2 properties that I have listed for sale, so that I can purchase the target property, in a 1031 exchange.
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10 August 2024 | 14 replies
(make sure you check).Most Banks & Lenders now have a $125K minimum loan amount and when a bank tells you their minimum loan amount it means "After down payment" Most investors confuse that part.