Hi guys,
Had a few questions regarding recapture tax and was hoping someone could help.
1) Recapture tax is a federal rule/law and not at the state level correct?
2) Will you owe recapture tax whe...
Hello everyone. I am new to the business and I have a beginners question. If someone is selling a house, how do I as an investor know if the house is being sold for too much? Also, how do I know how much to offer the ...
The period of renovation after you do a 1031 exchange---if you don't place the investment property in service for six months and start your depreciation at that time why isn't that period of time counted as residentia...
Hello I recently split a single condo unit in a triplex for 64,000 (32,000 for each party involved). The house is appraised at 93,000 and I was wondering how I would determine how much equity I would be able to pull o...
Hey I'm currently negotiating a deal for a property in Port Jervis, NY 12771. The sold properties around the area seem to leave an ARV around 270k-280k. Medium repairs need around 35k (bathroom update and redo, floor,...
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Hello everyone,
For those of you already in the game and receiving monthly Payment(s) from your property(ies) What is the tax percentage on that cash flow?
Thank you!
The end of February my mothers house on the westside of Indianapolis located in Guion Pointe housing addition (4400 block of Guion road) will be available for sale to an investor? There is decent equity in the house. ...
How do you analyze the purchase on your property?
How do you compare the one your looking at vs others?
The way I've been finding properties is I first search the MLS for discounted / distressed homes (corporate li...
I am working the numbers for a rehab and am curious what others figure in their numbers. The basic numbers I see are usually:
Purchase Price- price you pay for the property
Selling Price - amount you will sell the p...