Michael Farraher
Form of Taking on Investors
Hello. I was recently hired by a RE developer as a Business Development Manager. Part of my role here is to raise capital for projects in the pipeline. To date, my boss has been self-financed or through traditional fi...
Simon S Marthinsen
Capital Gains for owner financed property
I’m talking to a seller about purchasing his 26 unit 1/1 building. Sales prices is between1.8-2 million. The property is off market but he is interested in selling. His worry is capital gains. He as owned the propert...
Dennis Crook
Distressed MHP (40 units) on 50 + acres
Our Company normally buys distressed property to get cheap building lots which we keep to build our energy efficient rental units on. In our recent travels we came across a Distressed MHP (40 units) on 50 + acres. Man...
Ryan York
Interesting Real Estate questions for investors
I have an interesting situation that I am looking for some advice on. I own sober living homes for men looking to recovery from substance abuse addictions. We are ready to add more houses.Problem: We may no longer be...
Young Nguyen
farm to rental investment on 1031
I'm in the process of selling my farm, am I able to use my 1031 to get rental homes? sorry for such a noobie question, I tried searching but couldn't come to find anything conclusive
Abraham Burns
Structuring LLC for Dividends
Hi Everyone!So here is the situation. Myself, my mother, my in-laws and grandparents are all ready to get into the house flipping business. We all have been involved in the industry for quite sometime and have enough ...
Detra Harris
Chicago Illinois Properties
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $95,000
Cash invested: $35,000
Simply lovely, remodeled condos - 3 bdrm, 2 baths, refinished glea...
Rud Sev
Carry back or forward loss from sale of real estate
Hello,
I sold 2 properties at a loss in 2023, and one property for a small gain in 2023. When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Par...
Bill Exeter
Year-End Tax Planning for Failed 1031 Exchanges
Investors often ask “what happens to my 1031 exchange transaction if I sell my relinquished property and cannot find suitable like-kind replacement property to identify, or I cannot acquire the property that I did ide...
Mark Beekman
LLC Sells Property -- Business Income or Capital Gains?
I just bought a SFH through my LLC and I'm still not sure if I'm going to flip it or rent it. One thing weighing on my decision are taxes.
If a single-member LLC owns a property, rehabs it, and sells it, are the prof...