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Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...
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We purchase a single family home to fix and flip it. we initially started down the road of using a hardmoney lender and we were told we needed to put the home into the business name to use the hard money lenders serv...
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Hey all, I want to get some opinions on how you all decide if updating rental property is worth the investment. I have a four-plex that could use kitchen updates to make the place more appealing to renters. I’m trying...
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I have just finalized the contract to begin development on a new apartment complex in Southern Texas. It is located in the growing city of McAllen near the coast and is comprised of 288 units. I am partnered with Worl...
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In your opinion is it better to build in an area that is more expensive to build (i.e. permits, labor, etc.) yet yields a larger profit margin per unit or a market that is less expensive to build with a lower profit m...
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Hey all, i'm looking to connect with anyone in Nashville metro area who's ever done a tax sale in the area. Coffee/lunch on me!
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Hi - I have a sample assignment contract but I dont have anything that covers me in the event I cant find a buyer or the expected timeframe in which I have to find that buyer?Any insight helps.Thanks!
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Hi fellow BP members,Newbie here.I live in suburban Philadelphia area. Right now in phase of researching areas.One of my research area is Wilmington DE , because of lower entry cost and taxes.It seems like one can als...
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Hey guys! I have a quick question. I live in the Buford, Georgia/Atlanta Metro area, and I'm looking to refinance a property that I purchased 5 days ago. It's a conventional loan for an investment property, I financed...
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Washington DC tenant friendly policy? Washington DC, from what I heard, is very tenant friendly and has no rent control. For example, you can not evict your tenant in the winter months or if they miss one payment, you...