Evelio Martinez
Are HELoCs back yet???
29 May 2021 | 9 replies
I'm hoping as economy starts to reopen I can gain more of a 75-85% LTV access.
Chris K.
How to get financing if DTI to low but liquid assets very heigh?!
14 May 2021 | 13 replies
Only thing holding me back is the opportunity cost of having that cash sit in the property 6 months- 1 year before I refi, as well as the capital gains that are triggered to pool the money together although this May still be the most cost efficient way to go as the hard money loans are much higher rates...
Mike Helminger
Confirm my understanding of setting up a Trust
14 May 2021 | 1 reply
The trustee would be me.If I place an LP fund which holds an LLC real estate syndication into the trust, and the LLC fund produces income in the form of distributions and capital appreciation/gains, could the 'trust instrument' be used to direct all incoming proceeds to be invested into a bank which then places funds into a 529 plan?
Mayer M.
Creating ways to sell and offset gains?
30 May 2021 | 3 replies
Hey all,Looking for creative ways to sell assets and offset/reduce capital gains without doing a 1031 exchange.Background:I have a sale occurring for a bunch of condos I own which will be subject to long term capital gains, I’ve also just completed a new construction duplex that I am selling, originally purchased the land almost two years ago.
Jim Cummings
Top Texas Investment Cities
19 May 2021 | 3 replies
Interest for office and retail property has cooled, but hotels are gaining interest.Investors from Asia, Europe, and Canada are expected to make the biggest contributions within the U.S. real estate market over the next few years.The survey gathered insights from 101 respondents across 19 countries.
Pratap Koppula
Investments in Socialism
14 May 2021 | 0 replies
Real Estate is an affordable small business with a predictable cashflow and attracted millions of investors.The Biden's tax rate amendments on Capital Gain rate hikes and like kind exchanges not only hit the wealthy, but it also impacts millions of Professionals around the real estate services and significantly dents the volume and economic returns in reality.Appears they forgot the morality learned from the farmer and golden eggs story, not to pull off all the eggs at once, with capital punishment.
Chris Schorre
Tearing down house to build duplex. Can I do 1031 for Unit B?
15 June 2021 | 6 replies
seems like you'd sell b as homestead no capital gains tax and retain a as next homestead free to sell as homestead either immediately (not sure here as you may only be able to exclude gains once every 2-5 years, whichever is law) or in 2-5 years.
Aiden Savage
I’m 17 years old, saving $1000 a month. How should I start at 18?
14 May 2021 | 3 replies
Ideally your rents more than cover your mortgage so you gain equity and cashflow.
Justin Sofman
Thoughts on waiting out this tough market, save $ and BRRRR?
14 May 2021 | 2 replies
On one hand I can be persistent, make a base hit purchase... maybe, and gain some experience.
Krista Burke
New Member from NWI
27 May 2021 | 8 replies
Being a hairdresser for so long I have gained great sales, communication and people skills as I’m quite outgoing and extroverted!