Kevin Kwan
In college now, looking to get started in real estate. Help?
Hi everyone, I'm a 19 year old college student attending college at the moment. I have a total of about 10,000 dollars in my savings account and around 4 grand in my checking and I'm looking to start investing, and I ...
David Tremblay
I Bought My Office Building
Investment Info:
Office Space commercial investment investment.
Purchase price: $205,000
Cash invested: $10,250
This deal involved some creative financing. I purchased an office building to run my in...
Matt W.
How is depreciable value caluculated after BRRRR?
So I am in the beginning phase of my first BRRRR. Purchased for $60k aiming for $180 ARV and trying to keep my rehab to under 60k.My question is how is the building value determined once all is said and done?As I unde...
Alex Freelove
Section 121 Capital Gains Exclusion
Tax related question on the Capital Gains Exclusion.- I purchased my first primary home in Feb ‘17.- I lived in the house until July ‘19 (total 2yrs 5months)- It has been a Rental from July ‘19 to now. - Roughly $250k...
Michael Winders
Estimated repair costs
I’m going to admit my fear to hopefully find wisdom and maybe help others who feel the same!
I have read/studied more on this website and books than I can actually remember. I found a house that was very run down ...
Russell Brazil
How To Claim The 20% Pass Through Deduction? Section 199A.
I was looking over the schedule C form, and I dont quite see how one claims the 20% pass through, QBI. Any of you tax experts out there have guidance? @Brandon Hall @Natalie Kolodij
Chris Carrigan
Refinance STR HELOC to conventional
I have a STR which I renovated using a HELOC on my primary home. Balance is $79k at 7%. No other mortgage on the STR. The STR has been in business now for 8 months. Gross earnings average is $2k per month. Is it p...
Abe Alam
HOA Foreclosure - How to Win One?
Hi all,
An HOA foreclosed on a property and it is going to auction in a month or so. How does one acquire the property? The judgement is only for 7k. I'm assuming there's a first mortgage on the home that would need ...
Ammanuel S.
HELOC Vs Refinance in Canada
What’s everyone opinions on HELOCS vs Refinancing? I live in Canada, and would like to use one of these methods on a mortgage free home with intent to invest in Real Estate with the money. With HELOCs right now in Can...
Ross Verbiyan
Investor in Commercial Property FL (Performing Note)
Hi, I work closely with a large bank and am selling a performing-note. It is for 6 large commercial properties located in Hialeah Gardens, FL.
The total loan amount is $15,899,574.79.
Rate is 5.95% and will continue ...