Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
The wealthy live where they want, the middle class live where they can afford, the poor live in whatever's left over.
Patrick Braswell
Home Equity Loan vs. Refi on rental without existing mortgage?
19 January 2025 | 5 replies
We are starting to explore options for buying his shares to eliminate him as a risk and a roadblock but still have funds leftover for growth.
Brittney Yang
How To Structure A Partnership For Duplex Investment
27 January 2025 | 6 replies
Then the rents would cover that payment plus the mortgage with cash left over.
Johnathan Cummings
Buying portfolio and then selling off a portion to recoup investment?
22 January 2025 | 2 replies
Sell for more than that and you’ll get the leftover cash after paying off that x% of the loan.
Saul Vargas
I have $150k and equity on my home, looking 4 a property with some cashflow.
21 January 2025 | 11 replies
Hi Saul,Vegas and Phoenix are on the pricier side, so you'll need to put a large down-payment down if you want to cover all your expenses with some cash leftover.
James Boreno
Do I have to pay Capital Gains?
27 January 2025 | 6 replies
Any leftover gain is taxable.The $150K left after paying off expenses isn't directly taxed.
Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
The IRS views it as taxable income because it’s not being used for the purpose of deferring taxes under the 1031 rules.For example, if you sell a property and only use part of the proceeds for the next investment, the leftover amount (after paying transaction costs, etc.) is taxed.
Steven Nguyen
Advice needed--BRRR- SFH
21 January 2025 | 4 replies
If the permanent financing will allow you to recover most of your initial investment and the fair market rent covers the principal, interest taxes, and insurance with cash left over, you have a BRRRR.
Cody Caswell
Bathroom Design Tips for Your Flips!
22 January 2025 | 0 replies
Bathrooms are one of the most important areas of the home, so it is extremely important to get them right and make them stand out!
Makan A Tabrizi
Nail/Screw Holes in Walls
22 January 2025 | 39 replies
Trying to match the color that is already on the wall is just about impossible, even with left over paint from the initial painting.