So I have a bare lot I am selling. Lets say I get 100k for it. My plan is to 1031 this into a duplex. It looks like I can occupy one side of the duplex as long as when I sell the duplex that side isn't considered 1031...
I am new to wholesaling. I have a list of about 500 cash buyers from the local REI clubs, Craigslist, and various websites.I don't have enough money for a direct mail campaign until March, so I am trying to co-wholesa...
Tried to delete the duplicate. Rich
So I posted a thread yesterday about finally pulling the trigger and buying a house. (inspection is this afternoon, wish me luck) I have my goals and a plan set in place but I'm interested to know what the more experi...
I purchased a home at an Ohio Cuyahoga County Sheriff's auction today for $46k. The comps are in the $110k area. The liens and taxes look good on the auditor and clerk of courts website. Nothing that wont clear up wi...
Any recommendations on the most efficient way to track your time when classified as a real estate professional? My accountant wants me to start doing this in the event of an audit being I’m starting larger projects an...
;Hi guys,A house that we owned for over 40 years (original price 80k) now is worth 3.5m....we wanna sell and buy in a neighborhood close by.... But we found out that we will get taxed 32% capital gains on the sale. Th...
I'm interested in using this strategy for building my portfolio of buy and hold properties. For example, purchase a SFR for 50K cash, put in 20K for rehab costs (ARV of 100K), rent it out to a tenant for cashflow an...