Account Closed
Basis when purchasing subject-to
@Steven Hamilton II and @Dmitriy FomichenkoI read some threads recently where the info on basis when purchasing sub2 seemed conflicting. 2 years ago I bought a property subject-to the existing liens of $250K. Then f...
Carl West
Lending my friend 5k
My friend asked me to borrow 5k to finish some work on a property he’s flipping using hard money so he can get his next draw is this something I should consider if so how should I go about it? He’s offering me 7500 t...
Philip Ganz
How does a Deferred Sales Trust work?
How does a Deferred Sales Trust work? Is it better than a 1031 exchange ?
Amit M.
Deferred Sales Trust into a future 1031 exchange
Hi all. Someone with a dozen highly appreciated homes and condos that wants to sell them all off and roll it into a large NNN commercial property, has the challenge of timing, as its hard to sell 12 properties at one ...
Anthony Nichols
Cold Calling - Finding phone numbers
Well Im finally ready to start calling some motivated sellers. I have all the property information I need but no way to get a hold of the homeowner on the phone. What is the best way to get an unlisted phone number? W...
Michael Wilson
Tax Implications for first rental property
Hey Y'all!I would love any and all advice on my first potential SFR. My wife and I are moving from Clemson, SC to Anderson, SC and are considering renting out our house in Clemson rather than selling because the marke...
Tom Read
Can I write off interest on my rental in MI while I live & rent in CA?
I own a condo in Novi, MI that I purchased in 2001. I married & moved to take a job in California but wasn't able to sell my condo. My wife & I rent in San Francisco & our annual income in 2012 was $ 207k....
Frank Rubino
My first 1031 exchange!
Hello Everyone!I'm so excited to complete my first 1031 exchange! I'm selling 9 Glen Ave, Unit 20, Chelmsford MA 01824. I've owned this rental condo for many years, and now I'm finally selling. The Closing is schedul...
Sarah Lockley
Off Market 4Plex - San Antonio, Texas - Financing Question
Hi everyone! I have the option to buy an off market 4-plex (technically - 4 townhouses). The BPO came back and the seller is willing to sell it to me at that price, with no mark up. All units are filled with reliable ...
David Adjmi
Benefits of being an RE agent when investing.
Hi, I’m currently in the pursuit of becoming a buy and hold single family rental home investor (BRRRR process) Besides having direct access to the MLS for comps and availabilities, are there any substantial benefits o...