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24 April 2024 | 42 replies
I would be interested in knowing more details about your deal - build price, amount financed, cost of financing, and projected gross rents.
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23 April 2024 | 6 replies
I'm in Tampa, FL but focus on fix and flips in the Fort Myers-Naples area with my business partner since 2021.
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24 April 2024 | 2 replies
One concern is we found a new tenant in 2023 and gave him a 4 month break on the rent because he invested massive amounts into the renovation.
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24 April 2024 | 2 replies
Hey John, To break it down for you: Capital Gains Calculation:For the 33.33% Interest Acquired via Quit Claim Deed (November 7, 2015): This portion of the gain would be calculated as the difference between 33.33% of the sale price and the original purchase price of $52,700.For the 16.66% Remainder Interest Acquired on November 17, 2020: This portion of the gain would be calculated as the difference between 16.66% of the sale price and the fair market value of the property on November 17, 2020 (the date of Person A's death).For the 50% Remainder Interest Acquired on January 17, 2023: This portion of the gain would be calculated as the difference between 50% of the sale price and the fair market value of the property on January 17, 2023 (the date of Person B's death).Consideration of Home Sale Costs: Deducting allowable costs associated with the sale (closing costs, repairs, etc.) from the total gain to arrive at the taxable capital gains amount.1031 Exchange as a Means to Defer Capital Gains: You're correct that a 1031 exchange could be utilized to defer the capital gains taxes.
23 April 2024 | 0 replies
I'm not looking to fix and flip.
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24 April 2024 | 18 replies
Fix problems quickly and avoid things that increase liability like trampolines. 2.
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24 April 2024 | 11 replies
Short term lending or even long term lending to get a 30 year fix loan want properties that are turn key liable and either rented or can short term rent.
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22 April 2024 | 5 replies
I'm interested in learning more about the Louisville market, primarily for fix and flips.
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24 April 2024 | 36 replies
I reached out to AD lending via the phone number listed on their website, and when I received a call back I wad easily offered personal line of credit and fix & flip loan.
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21 April 2024 | 3 replies
I found an awesome property that needs typical fix and flip work.