It was recently passed with the new tax legislation.I've been trying to research this on my own, but haven't found a ton of info or any definitive experts who know a lot about this topic so wanted to see if anyone here is familiar with this or are thinking about creating a "opportunity zone fund" to take advantage of this program?

If there are any investors out there who are willing to pass on some of their knowledge about finding deals, such as simply letting me know where the action is happening, I would be honored to talk!

With that knowledge, I was able to confidently invest in a SFH that only needed minor repairs to become rentable, to gain immediate cash flow, as I waited for the market to appreciate.The goal was to buy and sell within one year.Breakdown: Purchase date: 6/30/2017 Listed: $60,000 Under Contract (as the Buyer): $55,000 Acquisition Price: $46,250 Renovation Cost: $1,955 Total investment: $48,205 Ten months after the purchase, we are under contract on the selling side at $65,000.

Obtain a working knowledge of the local rental market.If there is no lease on the property, but the local rental market is very strong, the lender may still consider the prospective rental income for offset purposes.

The BP community is truly amazing. very knowledgeable people in here. thanks a lot guys.

If you're not sure yet - then the best course of action is to file an IRS extension and complete the return later.Extension may be necessary either way, so you can connect with one of us tax experts.

I'm looking for a financial advisor that has experience in Real Estate in the Milwaukee area. We have over 50 properties and would like to go over our finances and plans for growing our business with someone that has ...

But two lenders I've spoken with locally (including my existing lender) have little to no knowledge and are just trying to sell me conventional refinance.

Knowledge, you want a custodian that knows what they are doing and can help explain the rules and prohibited transactions to you

I'm from Orange County so I'm about 2 1/2 hours away, therefore I wouldn't be the best expert for you.