I own a Real Estate C Corp that Flips properties. I also own a construction/ design company that gets paid from the C-corp through a 1099 each year when I do construction or design services for the C Corp.
Averagi...
I saw a home for sale at a decent price, and the listing notes says it has bed bugs. Never dealt with them myself, but have heard they are tough to get rid of. It is listed at a decent price, but realtor says they a...
I was outraged to see some of the quotes I heard back to do a termite/carpenter ant treatment just on the exterior of a house. I did some googling and came across a product that is relatively inexpensive compared to t...
I am looking at purchasing a mobile home park from a friends father who is older. . It is run down due to his age. This is the situation there are 40 lots, he owns two of the trailers only 10 lots leased he is getting...
I'm a real estate investor, but this question is actually related to another business I'm in. We sell a green pest control product that, among other things, kills bed bugs. Since it's non-toxic there is no restricti...
Can somebody please reiterate to me how short term capitol gains are taxed? Specifically with flipping. There seems to be a lot of confusion on this subject with Investors that and it's often overlooked in a Deal Anal...
Hey Folks, I have a situation I hope your brilliant minds can help with...I have a tenant that brought a bed bug infestation to our property. The cost to treat is running about $1500. It has it in the lease that the...
For calculating ROI on a rental property, I assume my closing cost to be part of my initial investment number. On my closing costs, I paid 1 year's insurance, 1/2 year taxes, and some HOA. Normally those are part of...
Hey guys,
I feel like I've asked this question a million times and the answer is no. But I want to minimize my tax burden on a house I am in the process of flipping. I am only planning to hold the house for 3 months...
Hey!I wanted to ask what are the top things we as flippers should take into consideration or the strategies that add the most value when rehabbing a property to flip? Thanks in advance!