Dan Fritschen
1031x options for liquidity
6 March 2024 | 8 replies
She does not have money for her expenses and is borrowing at a high rate of interest which is becoming impossible the idea is to sell my cousins rental property take a boot to cover her expenses and the rest ($750,000) do a 1031x.
Andrew Grant
First Tax season House Hack
7 March 2024 | 9 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion.
Randall E Collins
Pricy real estate
6 March 2024 | 2 replies
A good friend of mine has a Farm/Ranch he's wanted to sell for several years.
Emma Hustis
How do I analyze a Self Storage Deal?
6 March 2024 | 9 replies
NOI x CAP RATE = purchase price Simple example: $100,000 x 9 = $900,000You can then use pro forma numbers say after you raise rents, fill vacancies etc to project future value if you wanted to sell later on. new NOI x higher cap rate$130,000 x 10 = $1,300,000$130,000 x 11 = $1,430,000and so on.
Andrea Burke
Unoccupied house offer
6 March 2024 | 3 replies
* What happens if the owner carries the loan for us, and then we later sell the property to someone else?
Lorraine Hernandez
Wholesaling Tenant Occupied Property
6 March 2024 | 3 replies
I have a seller who wants to sell their property but is currently tenant occupied.
Mo Nueman
Seeking Recommendations for Remote Property Assistance
7 March 2024 | 11 replies
@Mo Nueman Pics/Videos - agent can handleBasic Inspection: would call these a Walk-Thru, again agentNeighborhood Insights: agent can do, but often not well. 95% of agents have ONLY done an owner-occupied buy or sell transaction.
Gerich Fellermann
Partner buyout - 3 SFR's in 3 states - how to finance?
7 March 2024 | 7 replies
You could sell your partner's 50% equity interest to another investor using options.
Jack B.
How will buying more rentals with cash out refi from existing rentals affect CG Tax?
6 March 2024 | 3 replies
Right now if I sell them, I'd break even after transaction costs from selling.
Greg W.
5 year lookback period - Non Qualified Use Question
6 March 2024 | 2 replies
So as of today it's been a rental for 3year and a month.It's being discussed to cut it loose and sell it.