Eli Gilbert
Can you do a1031 exchange on a flip?
I am new to this and have heard of the 1031 being used to avoid paying taxes!Can you put profits from a flip, (which is usually considered capital gains), into a 1031 to avoid taxes?Essentially this question doesn’t m...
Landen Amann
advice for a reinvestment
I'm 22 years old and im about to sell my first fixer upper. I'm looking for some advice on how to reinvest this money or what to invest in, I will profit a little over six figures from this property.
Account Closed
Is it possible to be licensed in all states?
Hi everyone, My goal in Real Estate is to have my own company, where we handle sales/leasing, investments, developments, and property management. In order to start a brokerage, at least in the few states that I've...
Sara Abernethy
Macroeconomic reasons to invest in real estate (versus stocks)
Can anyone direct me to any good (sourced) charts/graphs that show why buy&hold real estate is a much better investment in the long term than the stock market? Pulling together a presentation and wanted to show a...
Jack Seiden
D.C. prices down 25% from peak!
I was looking through some local mls data and D.C. proper is down 25% from the peak’s in June (725k vs 545k), Montgomery county is down 17% (620k vs 515k) not a shock to me, but still crazy to actually see in the data.
Tanner Flint
How to find a Mentor?
I hear a lot about people saying you need a mentor if you want to succeed. What are some ways or places I could go to start finding a mentor?
Josh Engelhart
1031 Exchange a Property Held for Less than 60 days
I closed on a little single family house for 46k on 4/30. The bones were great and with new vinyl floors, HVAC work, and paint I'm in it for about $55k total with 40k financed. I finished today and am ready to list it...
Lana Friedland
Getting out of a contract as a buyer
We signed a contract to purchase a propery from a turnkey company. After the inspection was done it took them a month just to find contractors to do the repairs. They are saying that the office is located 2 hours from...
Nick Colvill
How many people qualify as a Real Estate Professional for taxes?
How many people qualify as a Real Estate Professional for tax purposes? Are you more of a buy & hold investor or a house flipper? Somewhere in between or something else all together?
Scott McGhee
Hi from Indianapolis
Hi all,For a couple of years I've been daydreaming of starting as a fix and flipper or holding rental properties with the end goal of replacing my day to day income. I've been in IT for the last 20 years and am read...