Carl Schmitt
Can I make this deal work?
Hi everyone,
I have a potential deal that has a few different pieces involved. I'm looking for input on how(if possible) to make this deal work. Here's the situation... My mother is an RE agent and has a client loo...
Justin Skinner
Trying to understand tax situation, would love perspective
Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here. Some final facts I need to make a decision are the tax implications, any help...
Anthony Jordan
Owner Financing: Tax Implications for Seller
Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...
Jesse Curtis
Milwaukee Duplex Analysis
Hi, First time buyer of a rental property and this is my first run at the numbers for a duplex. Property is a 2/2 Duplex (1 bath) with a 2 car garage. Currently occupied. Rents and taxes are actual. Asking price is 14...
Clint Nelson
Thinking Renting My House Out
I am thinking of renting my house out, and buying another closer to my job since real estate prices are a lot lower there than where I live now. I am just hoping to get some advice from some more experienced investors...
Bryan Hancock
Excess Loans Over Basis Tax Treatment For Wrap Sales
Okay...So I have been studying this problem for years since I started doing sub-to purchases/wrap sales and it gets more confusing every time I look at it. I was hoping one of the tax wizards on the board could expla...
Rolanda Eldridge
How many offers today?
As an investor, I have put in lots of offers. I didn't get any accepted on the last 10. Currently there's a lot of competition. Today, I submitted 15!!! Let's see what happens...How many did you put in today? How...
Kerry M.
Should I walk away?
1920 HUD former duplex 4/2 for $26K in a college town where 3/1 prices average in the 70's. Our contract date is 3rd week in April. The list of what needs repairs is long. Needs new plumbing on one side, including ...
Daniel T Stockman
2nd Investment Property - Too Soon?
Happy Friday! My wife and I are currently in the process of closing on our first investment property (We are very excited)!!! It has good CoC ROI and will Cashflow fairly well, once fully leased and after all CAP Ex, ...
Devon Rollison
19 year old with question about selling based on cap rate
Hello I am 19 and soon to start wholesaling, can someone PLEASE look at this and tell me what is wrong with this/ how this is not the true reality... it seems WAY to good to be true it is literally insane, but realist...