Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
Hi, I own a rental property...single family residence. I have owned since 2003. I understand when I use an exchange company to facilitate sale/exchange, when property is sold the first mortgage is paid. I have an equ...
Hi all! My wife and I are moving from California back home to the Midwest where I'm from. I've been wanting to start investing in multi-unit properties for a while, but it's been too expensive for us to get started ou...
I am looking for a new market to invest in a single family home. My budget is $100,000.
Ideal Criteria:
-3 bed/2 bath
- Move-in Ready/Light Value Add
-B Class property or better
-History of appreciation
-Cash...
PSA: Vegas rents have spiked significantly the last 2-3 months due to high rental demand, low supply and institutional investors heavily investing in our market. The institutional investors have been listing homes for...
Hello everyone! Out of the blue my mind seems to always gravitate towards different scenarios involving real estate. At one point, I was thinking of the process of purchasing a fixer-upper and ways to add value to it....
IRS peeking into your income, Realized Cap Gains Increase, UNREALIZED CAP-GAINS TAX, DEATH OF THE 1031 EXHANGE AND MORE!!!
(I AM NO CPA AND THE FOLLOWING ARE MY VIEWS BASED ON MY INTREPRETATION OF THE ATTACHED DOCU...
Hi everyone, I have been looking at properties in Indianapolis and have been really deeply entrenched in getting to know areas from out of state- my plan is to go there soon- but work is tying me up at the moment. I ...
I have an opportunity to take a job at a residential property management company at a lower position but they told me after one year if I pass the test I can move up and become a property manager. I am curious what th...
I own a duplex that has a crumbling foundation. In an ideal world, I'd replace the foundation and, in the process, make it possible to put a third unit in the basement. However, it is only zoned for single family or d...