Michael Sontheimer
Taxable income question
In selling your first (and only) primary residence, I understand there is no capital gains tax incurred. But my question is will the income from the purchase be taxed as regular income?
If I make 60k a year and sell ...
Curtis Eddie
Trustee sale in Knoxville TN
Hi! I am looking at moving my Fam to the Knoxville area. I have done flips in Vegas for over 10 years now and wanted to see if anyone has purchased home at the TR sale in the Knoxville area? Is there a steady ...
Josh Milewski
How do cash buyers like (generally) to be reached/contacted?
@Clay Reddick and I are about to send out a new direct mail campaign with the goal to wholesale the deals, but we don't have much in the way of a buyers list.
I understand that if we find good deals the buyers will ...
Robert Knudsen
Short Sale Deal! What to offer!
Hello Everybody, I found a short sale, that already had a BPO of $90,000. It needs carpet and paint, so minor repairs and has all appliances minus washer and dryer. ARV is $95,000. So $95,000-10% for repairs equal...
Sam Dal
Passive RE investing and unallowed losses
Guys - this is regarding investing passively in multi-family. Can you take unallowed losses accumulated for a property directly against capital gains when the property is sold? In addition, am I accurate in stating th...
Bac Cart
How to find mobile homes
Hello, I am new/first post, and I am looking for cheap mobile home to place on my land for rent. I am in the Houston Area, I have previously done some house flips in Dallas area, but after a couple I stopped. I kee...
Brianna Salas
Appraisal Question regarding low income comps
Question for appraisers or anyone who has knowledge on this type of situation:
We purchased a home at a trustee sale and learned after there was a Housing Authority Restriction. It essentially stated that the home wa...
Chanté Owens
Lowe's Clearance Sell Items in Washington State
Hey Everybody (especially Flippers or folks who stage homes). I just got back from Lowes. Was looking for plants and flowers, but didn't see anything I really wanted; however, I did pick up two lamps for dirt cheap! I...
Bobby Trujillo
Buying Pre Foreclosures
Hi everyone, I am looking into pre foreclosures in Aurora Colorado. I am looking at a property that has Notice of Trustee Sale tag and wondering if I can still contact the Borrower and make an offer before the sale. t...
Zarah Bucoy
Probate purchase contract
Hello,Have invested traditionally so am new to wholesaling. Was doing research and leaning towards probate deals. I have a regular purchase agreement contract but am wondering how I can change it so I can use it for p...