Max M.
Closing costs on sale of rental (cap gains exempt)
30 April 2024 | 4 replies
Got it, thanks — so in technical terms, the closing costs are deducted from gains on Schedule D, but since the difference is below the Section 121 threshold, Schedule D essentially ends up at $0 (as opposed to some negative/deductible amount).
Dimitris Vainas
Any investors in Greece?
2 May 2024 | 23 replies
There are quite a few old apartments that sell for cheap, but competition is fierce and you have to keep an eye out constantly.You can use https://en.spitogatos.gr/property-index to find the average sale and rent price for different locations.Also AirBnb is pretty big here, but I believe the government is about to change the regulation around it soon.Originally posted by @Themi Stergianos:@Dimitris VainasHi DimitriI’m a swallow traveling from South Africa and wanting invest in Greece rental income opportunities.
Collin Hays
Are things really that slow in the Smokies? It depends...
29 April 2024 | 8 replies
It took me about seven years to be able to quit my job as an engineer.This was mainly from buying inexpensive properties from motivated sellers for cash.Buying nice STR's with leverage is a much longer game especially this environment.
Elmer Urias
My First Post/Introduction
30 April 2024 | 4 replies
Your transition from electrician to real estate entrepreneur is really impressive.Congrats on becoming a licensed agent and owning properties in different states!
Christopher Ewing
Newbie - Signing Agent Question
29 April 2024 | 9 replies
You have to pay to sign up with different notary websites to get in their directory (there are only 3 good ones) which cost about $150-$200/year.
Aden Brust
Creative way to mix wholesaling with being an agent??
1 May 2024 | 9 replies
Similar kind of work, different deal structure.
Scott Trench
Why Do So Many Internet People Think that Society is About to Collapse?
30 April 2024 | 14 replies
The Soviet Union, "a large country with a powerful military, did collapse.Rome, "a large country with a powerful military, did collapse.Great Britain, "a large country with a powerful military, did collapse.France, "a large country with a powerful military, did collapse.Germany, "a large country with a powerful military, did collapse.Spain, "a large country with a powerful military, did collapse.There were two main reasons 1.
Kevin S.
CFP or CPA
2 May 2024 | 19 replies
If you assume that you have various "buckets" (i.e. taxable, tax-deferred & tax-free) and differing objectives (i.e. growth, income, liquidity), paying attention to proper "asset location" will add to your net, net after-tax bottomline.
Julian Broyles
MTR Setting Up
1 May 2024 | 7 replies
You're juggling personalities and people moving in and out at different times.
Alex Ferranti
new wholesaler looking for help finding good deals and investors
30 April 2024 | 4 replies
You'll have to create different marketing campaigns directly to property owners and find those hot off-market deals.