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22 June 2019 | 42 replies
Often the banks are sitting on them to collect mortgage insurance, so they say they are for sale, but really you won't get a call back until they've held it for 2 years.
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16 June 2019 | 10 replies
Dave, we have closed on the property, but 10k is still being held back to do the necessary inspection work so I have not received the funds yet, and we have 30 days to complete the work agreed to on the inspection.
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1 July 2019 | 20 replies
It means wrapping the wood framing in metal to keep rainwater off of the wood.
16 June 2019 | 9 replies
The 3 houses had a metal roof put on 5 years ago.
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29 June 2019 | 30 replies
Virtually any purchase of RE in San Diego has produced outstanding return regardless of when it was purchased if it was held at least 10 years.
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17 June 2019 | 12 replies
If it passes you should be OK BUT if the ground wire is that very thin gauge wire common to the old metal outlet boxes I would rewire all the circuits.
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23 June 2019 | 4 replies
Opportunity Zones can be used to minimize tax payments or even reduce to zero.Opportunity Zones were created under the TCJA to; Allow U.S. investors to defer all 2018 capital gains for eight years if the profits are reinvested and held in an Opportunity ZoneLower the amount of capital gains taxes resulting from the sale of a capital asset by 10% or 15% if the proceeds therefrom are held for five or seven years, respectively, in an Opportunity Zone project.Provide for a full exemption from capital gains taxes on all future capital gains on the invested funds if an investment is held for ten years following investment.
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21 June 2019 | 3 replies
That financed SFH gets the highest rents of the portfolio, and is cash flow positive.The duplex, which I've held for 6 years, has 3x'd its value in that time.
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19 June 2019 | 3 replies
If you do DMM, or lists or.... and you rely on that for leads you will be held hostage by these methods.
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19 June 2019 | 6 replies
@Kendra EllisThere are many factors under case law to help determine what is an investment and thus capital gain, and what is property held for sale and thus ordinary income potentially subject to SE taxes.The preeminent factors are intent at the time of acquisition and intent while holding it.If you acquired these properties with the goal of renovating them and flipping them for a profit, it would be very hard to argue capital gains.