The old capital conference was great but it was strictly larger multifamily/syndication.I’m probably going to go to the best ever conference this year too.

Hey Daniel, Did you include other expenses associated with the property such as repairs & maintenance, capital expenditures, property management, vacancy, taxes, insurance etc. within your analysis?

But  regarding amounts of liens this helps me due to the limited capital I have.Will keep this forum updated as I know people are interested in this journey.

This will allow you to use the funds from your sale to purchase a more expensive property while avoiding paying capital gains tax on your sale profits.Best of luck to you and CONGRATULATIONS on the addition to your family!

if its them as well then maybe they are not loaning at all.. maybe they are just providing capital  the LLC so if you flake out they just take the deal and sell it themselves since they own the LLC... which would not be unwise on their part.

So I had the bright idea of subdividing 20 acres into 4 five acre lots, 4 years ago, thinking that after loans were paid off we would have some capital left to invest in rentals.

its like anything real estate related there are always a few that rise to the top.. ones with proper capitalization , ability and market knowledge and are very very good at sales.. others usually just blow their few grand on direct mail never do anything and chalk it up to that don't work !

I have read a couple of articles that bemoan that homeowners in expensive locales will suffer, however little to no impact to less pricey areas and a net probable boost to landlords.Live in flips will certainly be less profitable if the capital gains exemption increase from two to five years! 

Does it still qualify for the capital gains tax exclusion or will one year be considered non qualifying use?

Therefore I may need to focus more on how to raise capital than on purchasing a property.