Avoid trying to flip 2-families that that look too much like commercial real estate.

Avoid trying to flip 2-families that that look too much like commercial real estate.

Hi tax professionals, can anyone please advise if we can invest the capital gains from stocks in RE to defer paying taxes something like a 1031 exchange? Is this possible? and how to go about it. Thanks.

The amount of time spent going round-and-round on trying to get what was advertised, and the other party going round-and-round on trying to avoid offering what was advertised, is a giant time suck.

It is really best if you hire cleaning and repairs to avoid dispute over the actual cost.

The numbers are much better if you can avoid the on site manager.

If the seller has equity in the home, there is often a way to help them avoid foreclosure by buying the property and paying off the mortgage that is in default. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

If your thinking about using hard money, you need to be able to move quickly on renovating properties to avoid additional financial and mental stress of a hard money loan.

This is an easy way to spot and avoid a scammer – they won’t have any reviews or, if they do, they won’t be good.