Heather Gates
1031 Exchange - Where to start?
1 March 2024 | 4 replies
Do I need to focus on selling mine first or simultaneous look for the next investment?
Zachary Cain Humphrey
Using a HELOC to purchase land for ground up construction cabin project
1 March 2024 | 1 reply
Preferably the plan would be to pay the heloc off on the back end when we refi out of the construction loan or sell the property later once build is completed.
Chad McGibbon
Advice on maximizing equity in investment properties
1 March 2024 | 5 replies
This can build equity and potentially increase rental income through property appreciation.Another option is to sell one or more properties to free up equity and reduce mortgage debt, which can be useful for reinvesting or diversifying investments.refinancing one or more properties to lower monthly mortgage payments and increase cash flow could also be beneficial, especially if interest rates have decreased.the best course of action depends on the clients financial goals and risk tolerance
Patrick Flanagan
1031 exchange question
1 March 2024 | 7 replies
If you sell a property and net $100k after closing costs that you owned outright, you have to spend at least $100k on a 1031 exchange purchase to avoid all taxes.
Jordan Regier
Sell or rent out?
28 February 2024 | 3 replies
I’ve done really well in the past few years building houses and selling them so I decided to build a cottage to rent out for a year to sell.
John Smith
Purchase/Assignment Junior Deed of Trust for Redemption Rights After Foreclosure Sale
1 March 2024 | 7 replies
Question:Now that the auction sale has occurred, is it possible for the holder of the junior deed of trust to sell / assign / grant the junior deed of trust so the redemption rights can be exercised to purchase the property?
Taha Tekreeti
curious about SoCal investors are they finding any cashflowing long-term properties?
1 March 2024 | 10 replies
I need help analyzing a duplex I've found a recently selling for ~800k and renting for $4100/month.
Casey Murphy
I sourced this deal from the water department!
1 March 2024 | 1 reply
The homeowner told the folks at the water department that she really needed to sell this house.
Evan Greenfield
Jacksonville Florida Anyone?
2 March 2024 | 23 replies
We buy smart primarys and live in rehab them, then rent them and do it again, and Buy and sell land and tax deeds on the side.
Seena N.
California resident sold rental property in Georgia - CA capital gains??
1 March 2024 | 4 replies
You are required to report worldwide income on your federal and California tax return.Since California's tax rate is higher than Georgia, you are ultimately paying California tax rates when you sell the home.California will provide you a credit for taxes that you pay to Georgia but will still be required to pay the difference.