15 May 2018 | 12 replies
Would you sell at a loss?
18 May 2018 | 6 replies
You'd pay capital gains on the $1 million gain from the first sale and the depreciation recapture of $180K for prop A.
16 October 2021 | 57 replies
@John WoodrichThe only thing I'd do different that John Woodrich mentioned is I'd wait for the 2 year for no tax or in my case whenever I BRRR- sell after 1 year and a day to utilize long term capital gains.
18 May 2018 | 8 replies
However, I'm not thinking this is a good idea because of the tax free capital and it's probably just better for this type of exchange to be done quickly.
17 May 2018 | 11 replies
If you're looking to earn some extra capital on the side and want to only spend $3k-$5k furnishing a place as opposed to $30k-$50k rehabing one, I think this is a great option.
17 May 2018 | 20 replies
Like most investors, you might have the capital to take a $500-$1000 loss.I don't really agree with what @Jorge De Jesus said with even if you eventually outsource it, how do you know it’s done properly?...
15 May 2018 | 4 replies
Secondly, does anyone no I’ve someone offering their services in lieu of their capital investment in say a partnership to buy and fix and flip a house?
16 May 2018 | 3 replies
Family/friends isn't an option for me, and I don't want to go the self directed IRA route because there are too many benefits I can't give up on (loss of passive loss deduction, can't do work int the rental myself, can't even save on commission as a real estate agent apparently).Thanks for your thoughts.
23 May 2018 | 17 replies
ONE in my mind need to do as the gentlemen above posted about you have to make it a business. because your going to take loss's if you start out with a few and pick wrong. well you are not going to be happy.. there is far more to that end of the business than any guru or course is going to let on..so pick you niche then go study that and connect with those that work that niche.. if its bad debt go that route if you want something you don't have to work on and worry about for your sidra then go that route.. no need to learn it all no one knows it all NO one..
15 May 2018 | 3 replies
I bring capital, a real estate sales license, and lead gen/marketing to the table.