Okay yall !!!Have you used the 1031 exchange for new construction ? And if so, how did it go? Any recs or resources?Has anyone used it for a new construction out of the country? Just reaching out to multiple groups (a...
Dear Fellow Wholesalers, I need some help.. I recently just started wholesaling and wanted to focus in on probate leads in my area. I went to the courthouse, paid for a couple months of probate leads, but I am having ...
I am looking at buying a foreclosed property that is labeled as stigmatized. There was a suicide in the house in 2016, and I'm torn on if I should buy it. It's about 50% remodeled already and the rest of the work is...
Will a mobile home, newly purchased from the factory put to use as a rental, that is not immediately converted to real property, qualify for the 2017 accelerated deprecation, since it's personal property ? If the ans...
New Maryland laws are going into effect this year. More investors/landlords need to get involved to help to either defeat or modify these bills in our favor. Otherwise the state, counties and local towns / cities will...
I have been wholesaling for 15 years. Out of the hundreds of deals that I have done, I can honestly count on one hand the number of times that I have done a double close. I always just assign my contracts.
Since I hav...
We have an opportunity to buy a nice property in Georgia, but are told it's an "estate sale", with special rules. Anybody know what the rules are, and what we're dealing with? Is this like a foreclosure--i.e., an au...
Hello & Thanks to the BP Community! You guys are truly the BEST!
I don't see why this would be an issue, but I'll throw it out before calling my CPA tomorrow.
If an S-Cor...
I purchased a property a couple of years ago. I expensed the personal property-- appliances, flooring, window coverings,etc. I am now selling this property and want to know if I should have the personal property amo...
I am thinking about purchasing a mobile home that was converted to real property just 4 months ago. The location is great, it comes with half an acre of lot and it can be easily rented. My plan is to buy and rent it f...