I wholesaled a property and charged an assignment fee of $5800.I took back a note and my buyer is paying me $300/mo a month until the note is paid off.My bookkeeper is having a very hard time how to record this in Qui...
Any landlords or investors know of ways you can defer taxes on real estate profits?
It was a new build. I had been working with my investor client for 9 years. I had negotiated a 20% rebate at closing for my buyer. My broker refuses to sign the CDA even though I am a 100% agent, do not owe him money,...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $2,300,000
Cash invested: $500,000
Sale price: $3,899,999
Located within the gated Bay Point Golf and Yacht clu...
I am looking for a CPA in the Delaware County, PA area that has experience with real estate investors who own single family rentals.
Hi I’m a long term investor who has two properties in CA that I’m planning to liquidate and invest out of state (I also live in CA). Not sure on exact markets yet but looking closely at Memphis and STL. I believe a SL...
I live and work in CA, but looking to invest in OH and IN. I have two LLCs set up, one in WY one in CA, both under a WY holding LLC. Can I buy rental properties in OH and IN with my WY LLC? In which states would I...
Anybody have some sample wording for a seller carry back mortgage note that is held inside of a tax deferred exchange? Any assistance would be appreciated. Jack
I (broker) have a client who has about $80,000 in 1031 exchange funds and our 45 day identification window expires on Monday.Just so happens that I have access to a "subject-to" deal which will require approximately $...
Hello there, New to rental investing as I move towards my second property. I know I need to put something in place to protect myself and a prior post brought up umbrella insurance policies as a better alternative to a...