My parents are not a US citizens and live in EU. They just sold one property in EU and now I want to use that money to invest here in US. How to transfer little less than $100k from European bank to US bank without be...
Hello everyone,I'd like your opinions on this one, accountant or non-accountant.I am about to purchase a stalled construction site. The seller, let's call him Bob, previously received a $100,000 loan from his friend, ...
Hello,I am looking into commercial loans to get into multifamily buildings... I am sending out emails to local banks in areas I want to invest. These loans are a bit more tricky than conventional loans and one of the ...
I have a rental property I've owned for 10 years that my basis is about $150,000. I sold the property for $600,000 and am holding $150,000 in seller financing for 1 year. I have a property to purchase for $300,000...
I am buying a house. My plan is to hold it about 2 years and during that time it will start as a rental (appr 6 months), then I will completely rehab it (appr 9-12 months), and then will either sell it or rent it aga...
Hi all,First time poster. I'm not a real estate investor, but my husband and I bought our condo in DC (Capitol Hill) a couple years ago and then moved long-distance so we decided to keep it and rent it out. First year...
Cross Posted here Hello,I am in VERY early stages of possibly being able to buy a portfolio of properties from a local investor who is well into retirement and might be ready to bow out. For simplification, Ill use ...
I have a few questions when it comes to calculating taxes on my BRRRR properties I am hoping someone can shed some light on.
1. I want to make sure from my research that I know how to properly arrive at the deprecia...
I’m trying to understand the basics of 1031 Exchange.Q: 1. The benefit is that while capital gain taxation is deferred it temporarily frees more money (profits/equity) for re-investing is this the point? 2. Does 103...
I own a commercial property that a current tenant has approached me about selling to them via owner finance. Which I am very open minded to as I was thinking of listing the property anyways. I have searched a little o...