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Hi is there anyway that I could flip a primary residence and take the gains and defer them into another property? I believe I had to have owned it for two years which I have not and I’m not totally sure what to do bes...
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Whoa boy I'm getting prepared for a lot of information that I don't want to hear...
We have an accepted offer on a short sale as of April 28, 2010. Wells Fargo has both the first and the second on the property and ha...
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I've got an offer on a short sale in Portland that has been accepted by the owner (actually it's the bankruptcy trustee) and also approved by the lender. The listing agent said that the sale of the house now has to go...
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Hello fellow REA investors,Can anyone help me answer the question below, I know this should be ask an Accountant, but I just need some general ideas of the tax implication. Here is the scenarios:1. We bought an apt bu...
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A few questions below:Does anyone have recommendations on short term lenders that I could tap for acquisition capital (likely between 60-80% LTV)? The property would be a condo in Florida that I would expect to flip i...
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I am in the process of renovating a 5 bedroom home just across the border from DC. For now, my long-term plan is to rent to a RAL company, but it takes a long time to get a property approved for such use. In the mea...
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The offer was accepted late Monday evening (October 3rd, 2022). The closing date chosen is October 21st. My agent chose this date. There are 18 days between these 2 dates. Since this is my first time purchasing a home...
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Hello all. My name is Matt and I've wanted to get involved with real estate for about a decade. I have done handy man type work on lots of occasions and finally was able to purchase a rental a couple years ago (partne...
I believe I want to purchase some real estate using a Checkbook IRA. Much of my retirement is currently sitting in mutual funds with a large investment company. With that, I'm extremely comfortable with the proces...
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Hi All,I've been looking for my first investment property since the summer. I've been very carefully searching in hopes of making the best decision, and avoiding some of the common 1st timer mistakes. I'm preparing to...