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I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...
Hello, I am new to this forum and needed a bit of guidance. I have owned this apartment which has been currently rented for a few years now but now I am looking to buy a property of my own. However, I don;t have enou...
just real quick I would like to know that after you guys purchase one or two property's and your debt to income ratio goes higher, how do you end up getting approved for more and more.? Even if you have the 25% down f...
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I'm considering the sale of a property I acquired in 2014 through a 1031 exchange. I would be doing a straight sale, not another 1031 exchange. I'm having trouble finding a formula to help me figure out what the tax i...
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Hi All, I am looking for some pricing advice on a fully furnished apartment I have. For the past eight years I have rented it out as a fully furnished rental but unfortunately from a pricing perspective i have only ha...
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Does anyone have an insurance broker to recommend in North Carolina? Specifically looking for replacement cost insurance policies for properties in my LLC.
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I've seen a few different articles online about this with conflicting calculations but basically what is my basis for this 1031 exchange here:-Bought a house for 63,240 paid in cash.-Sold for 150K.-After expenses my c...
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Investment Info:Single-family residence fix & flip investment.
Purchase price: $92,200 Cash invested: $13,500 Sale price: $140,000So on this deal, we were purchasing the house for $92,200 with an estima...
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Wanting to get into real estate investing and wondering about empty lots. The area where I live has 2 lots that are vacant. They are overgrown and not well advertised. i live within 10 minutes of a large plant that is...
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I'm currently in the process of wholesaling a deal that has back taxes of around 8,000. The property has been vacant for 4 years. The seller agreed to pay the back taxes if we close but I was wondering can I use the b...