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17 April 2017 | 5 replies
Another option is to offer to catch them up on taxes in exchange for a percentage of ownership in the property.
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19 April 2017 | 1 reply
In exchange for me taking title to the home, I'll be giving her a $27k cash cushion to pay off bills.
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5 August 2014 | 1 reply
Hi guy, I am wondering if anybody could share precisely the resources/ online courses plus steps to become RE agent.
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7 October 2020 | 4 replies
If your intent is primarily to sell the property (fix n flip) then when you sell you will pay ordinary income tax on the sale and do not have the option to do a 1031 exchange and defer all tax.If your intent is to hold that property for investment use (like you suggested - actually rent it and enjoy the income) then it would qualify for a 1031 exchange.
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10 February 2009 | 19 replies
I had to kick in a grand, but in exchange I'm rid of 36 months of a $400 payment.
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31 July 2009 | 70 replies
Bloomberg states this: “In talks with Clinton, China will ask for a guarantee that the U.S. will support the dollar’s exchange rate and make sure China’s dollar-denominated assets are safe,†said He in Beijing. “That would be one of the prerequisites for more purchases.†https://www.biggerpockets.com/forums/310/topics/35940-or-is-it-an-honor-to-pay-the-taxes-?
26 December 2009 | 13 replies
As a matter of fact, you can partner up with another wholesaler or investor and have them fund your earnest monies in exchange for a split of somekind.
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21 March 2012 | 6 replies
Leverage this when negotiating - you always have your precision-crafted MAO to fall back on if the seller doesn't bite.Have fun with it.
7 April 2014 | 15 replies
If you intend to continue investing in real estate, you should also familiarize yourself with a tax deferred exchange or 1031 exchange and add that to your list of options.Wm
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4 February 2010 | 7 replies
You should research 1031 exchanges.