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21 October 2024 | 6 replies
I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?
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21 October 2024 | 7 replies
@Gabriel ShapiraThere are multiple software tools for investors depending on what part of the business you want to automate most are for acquisition or property management.
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22 October 2024 | 5 replies
Sounds like the BRRRR method could be a could way to go about that if you're open to properties that need some TLC as opposed to ones that are turnkey.
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22 October 2024 | 3 replies
We're based out in Doral and currently running a company that offers property management solutions.
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13 October 2024 | 4 replies
I am not an investor, well, not an investor of real estate property.
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22 October 2024 | 19 replies
Hey Ryan,Did you already buy the property with cash?
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22 October 2024 | 6 replies
We specialize in providing distressed investment properties for fix and flips or rentals.
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23 October 2024 | 11 replies
I have been managing this one property where everything has been going well and housemates have been happy and even renewing their lease for the past couple of years with no complaints.
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13 October 2024 | 9 replies
I’m exploring investment opportunities in the Poughkeepsie area and have a few questions about some properties I’m considering.
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9 October 2024 | 2 replies
Hi All,I was hoping to get some perspective on how you have organized your businesses finances primarily when it comes to running a fix & flip business.Generally I'm wondering what account types I should have, and what their purpose should be.