Fabiola F.
My CPA & I are in a debate about how to categorize reno expenses
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
Joshua Stewart
Building 9 or 10 Spec Houses in an Existing Neighborhood
I live in a suburb of Charlotte where there is a lot of re-development happening in the downtown area. They are just about re-building the entire downtown core, including a new minor league baseball stadium that is un...
Joseph Wright
Philly: buying cash deals /flips with 1031 exchange?
I have primarily been involved in mostly cash transactions, as well as a good amount of hard money closings. Can you sell your rehabbed property to buy more distressed property using 1031?I have recently been in a wor...
Terry Leinneweber
Assisted living / Adult homes
I have an investor client of our who is looking to buy an already licensed adult home in the greater puget sound area (Washington State). How can I find the people who would be selling such a deal? This doesn't seem...
Dave Nye
Sell at the top of the market
As a hypothetical, if you were able to sell all your SFH, where would you put your money? To mitigate capital gains would just put it an opportunity zone fund? I dont think 1031 exchange timing would work in this mark...
N/A N/A
What's the best way to use equity of your home?
Im a newbie and need your advise. I currently own a 2 family and has about $33K equity in it. My question is what's the best way to use this equity? Should I sell this house to buy another property? or refi, pull so...
Nicholas Johnson
Looking to possibly JV on a property I own in TN
Hello,I’ve been interested in REI for the last 15 years, I’ve tried to learn as much as possible. I bought my first home while living in East Tennessee in 2021. It was a home on a double lot and I was able to negotiat...
Shanequa J.
I'm confused
What is the difference between lis pendens and a substitution of trustee sale?
Chase C.
Is "Recently Sold" category in Zillow Accurate?
Hi all--I'm still in early phase of my RI career, I have yet to get over the hump of finding that first deal. I'm looking for off-market leads, so far only using the "driving for dollars" method in the DC suburbs. In...
Aubrey P.
Ideas for a 1031 Exchange
I own a ski condo in Colorado, which generally breaks even as a rental, but is more for family skiing than anything else. That said I think it’s more advantageous to sell and invest in another property where I can get...