Hi Folks, I am facing a rehub on 3000 sq ft house. Half of it has aluminum wire. Would you rewire or would you not? ARV starts at about 750k and can get to 1.1mil if I am lucky.
I haven't had the chance to go inside and look inside the house. The property manager is trying to sell as well. Do I have any rights to buy from her without making an offer? I think this is a really good deal. I d...
I'm doing a house flip in New Jersey which is set to be completed at the end of November. In New Jersey, as in most markets, November and December tend to be extremely slow months in terms of sales and the market tend...
Purchased property in 2017 and sold in 2020. It was bought under my S-corp. I know that S-corps file 1120s but where does the sale of property go? Schedule D or Form 4797? What about the closing costs? I should includ...
Hi all, would love to crowdsource some opinions on making a decision here.
Our situation: Purchased a rental property (condo) ~2.5 years ago. Lived there briefly, but not long enough to use home/primary exemption f...
Good afternoon,I am trying to buy or assume my neighbor's home loan from, what looks like to me, a sketchy finance company. Originally we thought they were just the debt collector but they served him papers for a judi...
Is having a ton of rental properties & installment sales in a massive 1040 tax return - an IRS audit flag?? I have about 60 rentals and 25 installment sales. I'm continuing to add more over time. Most are cheapie ...
Hi all,
I've got a job in Downtown LV and want to do a deal for a nice place within 20 minutes rush hour drive time to downtown at Charleston on 15North / juncture with 95.
I believe this is a Buy and Hold. I might...
The 2024 housing market isn’t turning out how most of us thought. At the beginning of the year, real estate investors were hopeful that mortgage rates would fall, affordability would return, and home prices would have...
Hey all. After looking at about 50 properties over the past year I believe I may have finally found one in Phoenix, AZ. Here are the details:
Property type: Duplex
Purchase price: $35,000
30% down payment: $11,000 (r...