Sherri Schmonsky
Stock gains into 1031 exchange?
I have publicly traded stock which I'd like to sell without getting hammered on taxes.Is there anything equivalent to a 1031 exchange which would allow me to roll-over capital gains from the stock sale directly into a...
Paul Boudreaux
Sub 2 Docs for that go to Lender
So, I have multiple Sub2 Properties, but I have noticed that later down the road the Seller (Mortgage Holder) wants to obtain a new loan to purchase another property and needs a letter or document showing that we are ...
Rodney Crawford
Land Sale Realtor question
I am in the process of trying to sell a piece of land in Colorado and was showing the property on my own for a few months as for sale by owner, I am not an agent, but then about two weeks ago I engaged a realtor. I ha...
Joshua Samuel
Want to buy my first property advice
hey guys! I am 22 years old and have been working for about a year now and I been very interested in real estate for a few months now and want to start investing my buying my new property. I am currently saving up mon...
Rob Hendricks
Do carrying costs increase cost basis?
I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...
Ryan Overcash
Monarch Money Budgeting
Has anyone here used Monarch money? I've heard good things, but assessing if it's worth the $100/year.
Abraham Hodroj
My Listsource list shrinks from 8k to 10 after choosing Absentee Owner?
I'm trying to generate a list for Orange County, When choosing No preference on "owner occupied status" i get 8,471 count, when choosing absentee owned it shrinks to 10. Is this something with how California furnishes...
Carson Sweezy
Primary Residence Tax Referral Duration
I am looking for some tax advice on the sale of a residential property, non investor owned. A client of mine is looking to sell his home, and move in with his girlfriend. They plan on buying a place in the near future...
Rebecca E.
When to talk to insurance agent about large unexpected expense?
We are new to REI. We have 7 doors and haven't had any big unforseen expenses until this week. This week we had a sewer problem with a lateral. It's not directly our problem but the city is going to make us replace...
Donald Yang
MTR Property Management
Hey guys,Looking to get into MTRs in my backyard and I was wondering if you guys usually do it yourself or get a property manager. It seems like groups with good corporate contracts that may be able to get better retu...