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28 October 2024 | 34 replies
"yes you can defer depreciation recapture in a 1031 exchange."
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30 October 2024 | 15 replies
If you don't screen them, then you don't know what kind of risk they present.
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1 November 2024 | 19 replies
You presented a perspective I had completely overlooked.Would you still recommend negotiating a lower purchase price vs cashier's check on closing given that we're in a higher income tax bracket and thus capital gains tax could come into play in the future?
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30 October 2024 | 5 replies
Can anyone share any past/present experience with them?
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31 October 2024 | 7 replies
A good approach here might be to present them with a shared cost breakdown and show the direct consequences of disregarding the septic guidelines.
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31 October 2024 | 3 replies
Flipping during a bear market or high-inflation period can present some unique challenges, but it’s still possible to profit if you approach it carefully.
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2 November 2024 | 19 replies
Whereas now your amortization component is very high because of the favorable financing in place.So you have to consider all of those when looking what and where to invest next.Another thing to remember is that in order to completely defer tax in a 1031 exchange you must purchase at least as much as your net sale.
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30 October 2024 | 0 replies
Workarounds for Established FlippersFor seasoned flippers, AB 968 presents an inconvenience rather than an impediment.
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30 October 2024 | 5 replies
Yes, the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy is still alive in Philadelphia, though some aspects have become more challenging in recent years due to shifts in market dynamics.If you’re considering BRRRR in Philadelphia, areas with recent or upcoming developments, like parts of West Philadelphia, Brewerytown, and sections of Northeast Philadelphia, can still present good opportunities, but base everything on section 8 rents to see if the DSCR and LTV makes sense
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1 November 2024 | 18 replies
He's the CEO of a company that builds healthcare facilities, and you rented him a "fully furnished luxury executive rental," but then you said he's broke and couldn't afford to give his kids Christmas presents?