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19 February 2025 | 7 replies
If I sell the property for 130K, after assciated closing costs, I will basically break even.
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11 February 2025 | 3 replies
The basic answer to your question is likely yes because I believe anyone who inherits an IRA can roll it over and what you are talking about is a valid way to roll an IRA over I believe but get advice from a professional on this one before taking action.
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17 February 2025 | 6 replies
It’s pretty easy to figure out when I’m basically paying for a full time employee.
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14 February 2025 | 11 replies
Since you are in an expensive market, commissions will also be high so you should be able to cover all of your expenses with just 1 deal basically, maybe 2.
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12 February 2025 | 4 replies
@Chris Seveney basically treating it as a sale of assets and having to pay capital gains.
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6 February 2025 | 15 replies
Having to “disclose” the work in the flip basically is mandating doing something that helps the buyer recognize the scope of the change which justifies the mark up.
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18 February 2025 | 6 replies
I also reference this a lot but there's a step doctrine- basically if you're putting a step in the middle only to avoid tax...it isn't valid.
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10 February 2025 | 21 replies
Will Investor Edge allow us to see a Demo b4 paying the $4000 to get started They will, but the demo is basically a white labeled Prop stream.
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2 February 2025 | 1 reply
It will familiarize you with the basic terminology and benefits.
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11 February 2025 | 31 replies
So basically just pushing you further down the capital stack.