Consider if you're able to use the primary residence sale capital gains tax exemption or not. 

The best way to gain credibility is to be honest with people.

I also suggest reading Getting the Money: The Simple System for Getting Private Money for Your Real Estate Deals by Susan Lassiter-Lyons, it is known as the bible for how to find, meet, and gain partnerships with private lenders.

Couple tax related questions:1) A 1031 exchange would never come into play in this scenario since there's no actual 'sale' taking place. 2) If we did an actual sale instead of a transfer, could he use a 1031 exchange to pay off his RV and pay no capital gains on the difference between the sale price and the $88k he bought it for 30 years ago?

Here’s my options I have come to.. either sell the house and make 137k profit w/ no capital gains and take that and my original money put into the house and start my rental venture or pull the equity out and rent it.Rental rates are skyrocketing in my neighborhood at 3200 a month for my size house.

Here’s my options I have come to.. either sell the house and make 137k profit w/ no capital gains and take that and my original money put into the house and start my rental venture or pull the equity out and rent it.Rental rates are skyrocketing in my neighborhood at 3200 a month for my size house.

I got into real estate last year, and have since successfully BRRR'd two properties, both flowing cash and have gained in value significantly.However, my wife is not a fan at all...

I feel so thankful and grateful for the knowledge and inspiration I’ve gained from the interview.

Should I obtain a RE license to gain access to MLS and network with local agents?

My question is about how we should initially purchase the house in order to make a refinance the easiest.my side-- I'm paying with a HELOC on a home i own 100%, 7x the amount I'm using for the purchase, i have no W2 work history for the past 4 years, but in january i closed on a fix and flip and made around 70k, made about 20k in realized gains in the market this year so far, but i don't have consistent income.my son-- he is 19 and this was his first year actually paying taxes.