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Results (10,000+)
Cam Kopley Fix and Flip Personal Labor Repairs - Can you claim them for tax?
27 June 2018 | 5 replies

I found a deal for a fix and flip.  I am wanting to do 90% of the work myself to save reno costs.  For capital gains taxes, how can I charge my personal time to the cost for renovation?Ex.  ARV - $161kReno-$16k (if co...

Alex Varner Buying with existing tenant question
26 June 2018 | 3 replies
Per my realtor, both tenants were on month to month leases, therefore I could move into the unit that needs more TLC, 30 days after closing.I am set to close this Friday, and I got a phone call from my realtor today, who told me she just heard from the current property manager that the tenants in the unit I planned on moving in have a lease unit March 2019, and the tenants in the unit I do not want to live in until January 2019.Here's the kicker... my current lease ends at the end of July 2018 (next month), and I will be out of the country for the first 3 weeks of July.
Kendra Wilson Omaha NE first deal wholesale questions
27 June 2018 | 5 replies
I have excellent local contractors to do the work as well, and estimated repairs are around 15-20k keeping it on the lower to medium end.
Paul Kit self directed IRA invest in LLC
7 November 2018 | 14 replies
Do I have to prepare extra money in my self directed Roth IRA for maintenance/repair/tax/insurance if I invest SDIRA into  LLC ?
Stephen Barnabei Appraisal and estoppel questions
29 June 2018 | 18 replies
Well, buyers sometimes want wacky repairs based on their inspection; if appraisal comes in a good bit above contract, I might be more willing to avoid agreeing to repair everything - especially if I had to give a seller assist.And if I have another nearby property to be sold soon that is similar, I can use that appraisal to help come up with a better asking price for that other property.
Brandon S. TexasTurnkeyProperties.com Reviews PLEASE HELP
6 July 2021 | 6 replies
-MARK UP FEES ON REPAIRSEvery repair call is an opportunity for them to make money out of the owner.
Theodore Bullock Should I have an LLC before I start wholesaling. I am ready to go
27 June 2018 | 3 replies
They are Marketing, Estimating repair cost; Contracting; Appraisals; and Negotiations.   
Josh Goldstein New SOCAL Investor Looking for a Mentor plus Crazy Intro Story
29 June 2018 | 9 replies
I wound up delivering our 2nd son on the side of the road while on the phone with the paramedics.  
James Wyant [Calc Review] Help me analyze this deal
27 June 2018 | 4 replies
Doesn't look like it needs any repairs.
Garrath Robinson Indianapolis BRRRR Rental
27 June 2018 | 1 reply
I was planning on using the BRRRR strategy for my first 5-10 rentals and I want to keep this property as it will have a ROI of 15%+ after the first year, as well as a ARV of $110,000+ (low side) after putting in $30k in repairs ($5k buffer) and I paid $0 for the property.