So, I was excited about doing a 1031 for my first flip, but then I read that you have to own the first property for at least a year. Is there any loophole out of this? I want to flip my first house relatively quickl...
...in Fort Worth, TX. Can anyone suggest one?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $82,000
Cash invested: $22,000
Purchased this 2/1 single family direct from client/seller. Typically I don't like 2...
Hey everyone, wanted to get your insight, new real estate investor here and wanted to know how you would allocate the funds in my situation. Currently have some loans through FAFSA. 1st loan: 37k with 6% interest; 2nd...
Long story short. Just went thru a breakup and literally lost everything.
Before this I made about 170k on the 3 previous homes I bought fixed up and sold.
I see a decent opportunity to buy a fixer upper and have i...
Hey Everyone! Brand new here and to real estate. I’m 47, recently divorced and sitting on minimal cash. I gave up equity in the house to make the settlement easier (mistake in hindsight, but live and learn).
I am ...
Investment Info:
Single-family residence other investment in Nashville.
Purchase price: $250,000
Cash invested: $5,000
Sale price: $350,000
Closing at a Closing! Made a deal with the property own...
"Filing a large claim for a refund on an amended return will almost always cause an audit," according to a former IRS attorney. https://www.taxprotoday.com/news/raise-your-hand-if-you-want-your-taxes-auditedThis is so...
A wholesaler brought me this deal. Purchase price is at 80% of ARV of 180,000, it needs very minimal make-ready/repairs for renting so I figured $4000. Cash flow is minimal. But this wholesaler also as a buyer who wan...
The house I have under contract has Aluminum wiring. Is it recommended to replace it or pigtail the wires to copper? I am looking to rent out the rooms and would like to keep costs minimal but also minimize a risk of ...