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Aloha everyone and my Big Island Hawaii friends. I have a couple properties on their way to being in contract. VERY CLOSE. how do you feel about 1acre property in HPP, not cleared, nothing done to property- assignment...
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Hi all,Im new to STR and looking forward to learning and contributing on this forum. Ive got my first property in West Palm Beach and as part of that I need to collect TDT 6% of total taxable rental receipts. Does any...
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Hello everyone. First post here and I need some help. I've got a townhome that my wife and I have lived in for 6 years. We're looking to move up and might like to keep it as a rental. We love it. Originally bought for...
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Can someone tell me if I am missing something. I thought it was simply the difference on percentage of appraised value (4% vs 6%). But the bigger issue is the nonresidents (or a 2nd house) have to pay all the school t...
Hello, I bought my first flip recently using an LLC. When I sell 6 months from now, do I pay capital gains after I take out the rehab cost?
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I have a basic question concerning owner financing in TN. If I sell my current home on owner financing will I be able to quality for capital gains exemption if I sell with owner financing and just hold the mortgage. I...
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Hello,I have a 2/2 condo in a large 340-unit condo conversion property in Savannah, GA that I am dying to get rid of. Originally purchased in 2006 (at the tippy top top of market as I was getting out of school) as pr...
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My wife is a about to be a licensed realtor. How does commission work when it is time to buy or sell?
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I've been reading up on using self directed IRA's to finance real estate, and I haven't found an answer to this question. Once you buy a property in a SDIRA is there any way to get that property out of the IRA and sti...
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Hello BP,I am toying with the idea of pulling my 401K money out of my retirement account from my previous employer. I am 30 and have $20-$30k in the account. I have talked to some people that set up Self-Directed IRA'...