First, if your family member/investor is in the middle of a 1031 Exchange, then he/she must acquire an interest in real estate (not an interest in an entity such as a partnership) in order to successfully complete his/her 1031 Exchange transaction.Generally, this means that he/she would acquire an undivided interest in the property as a tenant-in-common and you would own the remaining undivided interest in the property as a tenant-in-common.Second, you should also give some thought as to what your exit strategy might be for both of you.

Once you have that lined up, you can narrow down what areas you want to acquire in.Good luck.

Each has been a tremendous resource in my goal of acquiring and flipping my first investment property.As it stands today, I received a sizeable cash infusion from a private investor.

For 2014, you will need to figure out your total cost basis in the property in order to compute the taxable profit.For computing cost basis, you will reach back to the point at which you acquired the property in 2013 and total everything up.

I'm contemplating taking a huge leap and trying to buy a house that is already rehabbed and occupied with a Section 8 tenant.Now, obviously I'll need to acquire funding should I decide to go through with such a leap.

The properties were acquired by the city in regards to a tax lien sale 3 years ago.

Was going to wait till I acquired more than six properties to do so.

I am now looking to acquire properties for my own portfolio while growing my businesses, learning new techniques and trends and hopefully having some fun doing it.

Make the Option and Lease separate, and no rent credits. 3) Be wary of sandwich lease options, as you are liable for the tenant buyer you are sub leasing to, and you need to make your payments on time to the seller, even if the tenant buyer does not pay you. 4) Acquiring free and clear properties you can create private 1st mortgages.

I am interested in buying a multi family home to hold on to as a rental property, and hopefully acquire more in the future.