Kristin Vegas
sell the house to exchange it for a multifamily or keep it as rental
11 February 2025 | 11 replies
To sell one of my investment properties, it is a single-family home that is valued at around $65k and no more than $70k, I have tenants who live in it for about three years and pay $950 a month in rent. the house is free and clear.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
For example, if your purchase price was $300K and the FMV at gifting is $500K, the recipient's cost basis remains $300K, potentially leading to higher taxes upon sale.You and your spouse can gift up to $38K annually per recipient (under the annual exclusion) without reducing the lifetime gift exemption.
Zack Whiting
Beginner mistakes and what steps to take to fix them
13 February 2025 | 6 replies
Basic and free.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
Not only can they handle risk management, but they also excel in marketing, optimizing the guest experience (leading to positive reviews and referrals), and leveraging technology such as booking platforms and pricing tools.
Julie Muse
Quick Flip Success: Dover Ct Deal Closed in Riverdale, GA!
3 February 2025 | 0 replies
Once identified, we negotiated favorable terms by emphasizing a fast and hassle-free closing.
Robert Adams
2 Bed Condo > Converted to 3 Bed and Remodeled = Sold for Record Price for a Profit!
2 February 2025 | 1 reply
I provided a free rent back for 2 weeks so the seller could get her funds and relocate.
Roy Hill
Teach Me Wholesaling
30 January 2025 | 2 replies
If you’re just getting started in real estate, feel free to reach out – I’ve been coaching new investors for a while and am happy to help you however I can.
Steven Moutray
New to REI, Building foundation
16 January 2025 | 3 replies
Keep learning, stay focused, and don't hesitate to reach out if you have more questions or need further guidance.Good luck on your real estate investing journey If you have any more questions or need specific advice, feel free to ask.
Alex Messner
Purchasing first home (with debt)
4 February 2025 | 12 replies
I'm not far from you in Virginia Beach , Virginia feel free to reach out !
Joseph Mena