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Selling a property I rehabbed a couple of years ago. I've accepted an offer and the process of the sale has started. Didn't think I was going to do a 1031 exchange because I was going to use the money for repairs on a...
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I'm not sure how to respond to potentials sellers when talking w/ them about how I can help them w/ a lease option when they ask if they will be able to get another loan to buy a different property? Obviously, the cur...
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Accountants, CPA's and 1031 Exchange experts - this one's for you. I was discussing a scenario with my RE partner where a property could be considered a Primary Residence AND an Investment Property, which could potent...
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BP Family,Seeking some unofficial advice and definitely plan on validating with a CPA before execution. I have a property in Florida that i am trying to avoid paying CGT on. I would like to do a 1031 exchange and purc...
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Good morning, I’m starting my Journey and may have ran into an issue. I purchased my first single family in 2019 with an FHA loan and i am ready to purchase my first multi family. I am currently working with the bank ...
Found my 1st flip. Its pre foreclosure. I am concerned on the taxes I will have to pay on the flip. expecting to profit 100,000.Any help on a strategy to lessen my tax burden would greatly be appreciated.Thanks Steve
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Hello all,I tried asking this in another part of the forum but perhaps it is not the right place to post it.If i am buying tax lien certificates in many different states using a business entity, do I have to foreign q...
I am looking into a couple 30+ apartment complexes that are financed through USDA-RD. These properties have income restrictions and must remain on the USDA-RD program. Does anyone have any experience with these sort o...
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Hi Everyone,I'm new here and love the expert advice given here. I would like to know which is best for a first investment for a newbie? I'm thinking a duplex, triplex or fourplex, my credit score is in the 700s. I was...
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Hello,I was just wondering if anyone has their CCIM. I'd love to get into the commercial side of things and then recently heard the discussion on CCIM. I looked into it and it's definitely expensive and time consumi...