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Results (10,000+)
Von Tyb Anyone wanna help your upcoming generation
29 April 2024 | 1 reply
18 year old looking to buy houses and Here to find buyers
Steve K. Question on Cap Gains taxes/ Section 121 Exclusion
29 April 2024 | 5 replies
It's a strict 2-year requirement.As for strategies to avoid capital gains on the sale, if your client doesn't meet the ownership and use requirements for the Section 121 exclusion, they might explore other options such as:1031 Exchange: If the property is an investment property rather than a primary residence, your client could consider a 1031 exchange to defer capital gains tax by reinvesting the proceeds into another investment property.Installment Sale: If your client is willing to accept payments over time, they could consider structuring the sale as an installment sale, spreading the recognition of the gain over multiple tax years.Charitable Remainder Trust: If your client is charitably inclined, they could contribute the property to a charitable remainder trust, receive income from the trust for a certain period, and then have the remaining trust assets pass to charity upon their death, potentially reducing or eliminating capital gains tax.These are just a few options, and your client's specific financial situation and goals would need to be considered in determining the best approach.
Ben M. Closing costs in a wholesale transaction
28 April 2024 | 13 replies
Which items are usually the seller's closing costs and which items are the buyers even though in most cases the buyer pays both closing costs...?
Crystal Poe Off Market Properties in NC
29 April 2024 | 1 reply
I'm eager to connect with fellow investors and industry professionals to explore potential collaborations and opportunities.
Mark Walker Help with Acquisition Value for MHP
29 April 2024 | 9 replies
Sounds like an interesting park with potential
Joe S. What to do without out of area leads?
29 April 2024 | 2 replies
How would I go about finding someone to help run these out of area leads and we could work out some sort of split if they could lock up the property and find it an end Buyer.
Marco Werner Add value through ADU conversion
28 April 2024 | 5 replies
Minus potentially a small discount since it's an ADU?
Jeff Daring Requirements for conventional - using income from rental
29 April 2024 | 9 replies
I was told by one broker today that I wouldn’t qualify for over a certain amount on a property because first time buyers with no landlord experience cannot use the rental income from the properties towards their qualification.
Patrick Keating AL SB228/New wholesale law in AL
29 April 2024 | 3 replies
Do you still use a regular purchase and sale agreement with the original seller with any included addendums specifically for wholesaling, and are you legally required to verbally disclose to the seller and buyer or do these disclosures just have to be in the contract itself?
Aaron Louis Gorres Stumbled into land investing
29 April 2024 | 1 reply
Lonnie was a pleasure to work with and helped me through my first time as a buyer.