Lucika Suarez
Intermediate and Seasoned Investors
Other than the ARV and purchase price, what are some other numbers you take into account when evaluating a deal? Do you get this information from a realtor?
Justin Bailey
Heloc down payment vs capital gains tax
So 2 years ago I used a HELOC from my personal home to purchase the 20% down a rental property. I was looking into selling the rental property but would need to use the capital gains to payoff the 20% down. Does the h...
Anthony Cecchini
Facebook for lead generation
Hey you all,
I saw a few forum posts in the past about suing facebook as a place to market. I have recently came across the idea of using facebook to market. not on a personal facebook but I created a couple ...
Ryan Moore
CD vs Savings, comparing the rates
On Ally, their savings accounts are 1.75% right now. I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%? Is there something I'm missing abo...
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Questions about Form 3115
I have a foreign rental property that's been in service since 2013. I recently found out I could claim depreciation for it. I contacted a CPA and he said I would need to amend my forms from 2015 on since that's within...
Jake Kinoshita
Can you manage bookkeeping for flipping by yourself?
I am doing bookkeeping for my rental business and am interested in flipping business but can you bookkeep flipping business by yourself?Of course you can always ask CPA to do everything but it is not cheap to hire the...
Jose F.
Buy Real Estate without selling your Crypto
Hi guys
I am looking for insights in this community about what would be for you guys the best approach as crypto investors to use your holdings as collateral to buy assets in real life like real estate, car loans...
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What to do with my equity?
Hi, I have $1mm in equity in my residence. I owe about $600K and pay about $3400/mo in mortgage. Taxes are low since I have lived here for over 8 years. If I move to a like house, cost is about $1.2mm and then my p...
Patrick Sears
IRS Installement sales vs Dealer Status for note originators
Hello,Anyone have any experience with the IRS re: a fix and flip into seller financed note carrying business model? I know that the occasional selling of a personal residence or long-term rental qualifies for install...
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Hard money loan then sell on MLS?
Hi all-Is it possible to close on a property with a hard money loan, then turn around and sell it on the MLS?Would lenders lend if I had this exit strategy in mind?Do they charge early payment penalties?Thanks,Ben