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12 March 2024 | 7 replies
It looks to be a true 50/50 split based on square footage, so eventually when you go to sell you will be taking 1/2 of the property and applying the federal tax exclusion under Section 121 and the other half will be treated as a capital asset subject to capital gains.
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12 March 2024 | 15 replies
I can get $1,000/ month in rent or do I just sell for a loss and try to find a cash buyer who would live in it.
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10 March 2024 | 9 replies
I have priced the property according to comparable homes in the area.My question: should I sell the house b/c it doesn't seem profitable?
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13 March 2024 | 9 replies
We are keeping our money in the property for later unlike a flipper, who would sell for maximum profits and then be able to hire more people, do more deals, hire, etc.
11 March 2024 | 7 replies
another maybe odd thing i worry about is it's a bit in the country, with 4 doors right next to each other i worry the tenants could fight, drama, drug deals, noise complaints, i have no idea but it just seems a bit strange. the layout just seems very conducive to drama, 4 door out front literally spaced ten ft apart with nothing else directly around and one big parking lot out front.another concern i have is, i understand there are laws limiting how many people can be in apt. these being 1 bed 1 bath, thats room for what 1 couple, and one child at most?
12 March 2024 | 1 reply
We (3 siblings) bought a home for a little over $1M just before covid, now it's appreciated to $1.4M - $1.5M.All 3 names are on home title. 2 siblings want to sell, one of the sibling is financially capable of buying out the other 2 siblings.
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12 March 2024 | 0 replies
My plan is to contact them in effort to get them to sell the property based on the assumption that they are out of state or possibly out of country and the property looks like it is in a fixable condition.
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12 March 2024 | 7 replies
I am getting ready to sell a property and I am going to put the funds into an exchange account to flip into a better and bigger investment.
12 March 2024 | 22 replies
They are much easier to sell when you're ready to liquidate.
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12 March 2024 | 250 replies
Not to mention it will also help you sell the property if you intend to flip or sell in the future.