Account Closed
tax and capital gains strategy for a retiree
I have a neighbor down the street ask me how he could sell his 4 investment properties and not have to pay any capital gains tax. I thought do a 1031 like kind exchange but he is 75 years old and wants to liquidate hi...
Patrick Sears
Originating notes and tax burden
Hello,
Anyone selling/flipping homes on owner-carry as a dealer? No landlord headaches vs holding for appreciation, but wow-the short-term capital gains (ordinary income rate) plpus the self-employment tax b.s. real...
Darien White
3 Unit Multi East Baltimore, MD
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baltimore.
Purchase price: $150,000
3 unit residential, fully occupied.
What made you interested in investing in thi...
Gary Nicholson
Question about duplex, triplex, fourplex
I live in southern California. I am considering a multifamily unit, but the real estate prices are high here. If I bought say a triplex, I could live in one unit and rent out the other two, but I would still have to ...
Devin Mann
raising money for apartment building
if i bought a $1,000,000, 30 unit apartment building. can i have a million people invest 1 dollar to buy it?
Benjamin Sampson
Service-members Civil Relief Act (SCRA) and Interest Rates
Hi there. The Service members Civil relief act states that for Service-members and their Spouses, interest rates for mortgages are to be capped at 6%. Does anyone know if this applies to investment properties? If so,...
Zachary Lee
Best Starting Points For MultiFamily House Hacking
I am looking to start my real estate career I’m gearing for mid 2021. I wanna just gain some tips and start points for house hacking. Also any points and tips about becoming a landlord would be awesome!
Kym Derriman
Has anyone started to see prices come down?
Hi all. I am looking for good investment properties and in my area it's really hard to find positive cash flow (Central Jersey). So I've been looking out of state, mainly in Texas and Florida. Has anyone noticed price...
Eddie Ziv
HUD reduce section 8 rent!! 110% FMR to 90%
I received a letter today from the Housing Authority that as part of the "Section 8 cost-saving measures" The rent payment will be reduced from 110% FMR (Fair Market Rent) to 90% of that. Does anyone else received thi...
Joa Nib Tan
Signed a Purchase but planning to withdraw.. because...
Hey guys,I'm new here... have a friend that referred me to this site to ask questions...I signed a contract with a turnkey company but planning to backout.. there's no earnest money paid...Is there any ramification fo...