Brent Byers
Canada 1031 exchange - Eh?
hi - wondering if there is an Equivalent to the 1031 exchange in Canada - or more spec in ONT?Can i defer my Cap Gains to some other item, purchase or method? Please say YES!!
Brittany Fife
Taxes
I am new to the multi family investing business. I was wondering how much cash should I put aside for taxes? We don't have a state tax so should I save 20% for federal taxes?
Jason F
Shouldn't lower prices mean lower prop. taxes?
Here's a question:
When home prices were going through the roof, property taxes (which use home sales as drivers) were increasing as well, in some areas, by a lot.
The...
Mike Hoherchak
Your thoughts on a strategy to avoid double transfer tax in PA?
So I found a way to avoid the double transfer tax by utilizing 1. an option contract 2. a notice of option contract and 3. an option termination agreement instead of a purchase agreement with the seller. You act as ...
Peter Surowski
Can I get a loan if my DTI is low now, but it was high last year?
Last year, I was living in my primary residence and working on a flip for much of the year. Since I had a house that wasn't generating any revenue, my DTI was about 55 percent, as shown on my 2020 income tax returns. ...
Thomas Bass
Buying a commercial property with multiple tenants.
I am looking at buying a large commercial property 20k sqft building with 2 retail spots attached and a studio apartment attached as well. My question is for taxes and insurance. If I buy the property and rent out eac...
Ryan Logue
CPA prior to buying first property?
Are pre-closing on a great property that is in a college area of a bigger city, rents for $3000/mo and after all expenses are accounted for will net around $1200/mo cash flow. The question is, how to set this up prior...
Susan Snodgrass
Anyone have a STR in Three Rivers, CA?
Hello,My husband and I are first-time investors and are considering buying a STR property in Three Rivers, CA, near Sequoia and Kings Canyon National Parks. I searched on the forums, but any post I found about that ar...
John Wheeler
Getting started in STR investing
Hello, my name is John Wheeler and I am wanting to invest in a beach house STR in Texas. I’ve started reading books on STR, does anyone have any other recommendations on education? Also, if anyone has any information ...
Joshua Toste
How long does it typically take to sell a multi unit property?
In said example, if you're able to purchase a quadplex in upstate New York, that was under valued and under preforming; Then proceeded to substantially increase its ARV along with its monthly revenue. How long on aver...