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Results (10000)
Marques Pardue detroit mich
20 July 2013 | 3 replies

Does anyone know whats going on with the detroit real estate market? I'm wondering if it is picking back up meaning would this be a good time to invest doing fix and flips there.

Last I remember most hard money inve...

David Anderson Ways to minimize capital gains tax after flip
9 October 2019 | 5 replies

We have a LLC that just closed on a flip where we made short term capital gains on. We decided not to do a 1031 exchange, but are looking for ways to minimize the taxed amount. Under this LLC we also have rental prope...

Account Closed How To Strip The Most Equity - My Dilemma
12 December 2020 | 85 replies

Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...

4 June, 2023
Seeing Greene: Bleeding Rentals, Bad Flips, and The Safe Haven For Your Cash

Buy real estate or face your dollar’s demise. While this may sound like doomsday prophesying or over-bullish investor attitudes towards properties, the fact is that most investors today won’t make it. With inflation r...

Account Closed Help with vacant lot
10 July 2017 | 7 replies

Need a builder to help me. My mother in law gave me a lot to build on. What do I do next?

Jeff D. flipping out over possible s-corp loss
16 April 2012 | 21 replies

Here's my simplified as possible scenario:

in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...

Account Closed 1031 - Transfer Title to LLC - Timing?
12 November 2020 | 4 replies

I’ve searched the forums but can’t find an answer. I’m hoping a season investor or CPA can chime in.I currently hold title in my own name and have a mortgage in my own name. I’d like to sell my property in a 1031 exch...

Alan Hicks Thoughts on Pure Rental, or Fix/Flip ?
5 December 2017 | 17 replies

I am going to look at a 3/3 with a full un-finished basement today.Price = $130,000Median Neighborhood is $155k.Rent around $1200Options:1. Pure rental property2. Finish basement and flipI just finished my primary hom...

Ethen Armstrong Ways to Avoid Taxes for Seller
26 April 2020 | 6 replies

I have an investor friend who would like to sell me his real estate, but he doesn't want to pay a ton in capital gains. Are there ways to avoid paying tons in capital gains legally? I know a little about seller financ...

Koray Kilic Where to go from here? Brooklyn property with low cashflow
16 December 2021 | 2 replies

I have a single family property in Brooklyn with a MIL suite that I originally bought to live in in 2018. right now its rented out.MIL unit is 1 bedroom apartment = $1500/mMain unit is 3 bedroom apartment = $3200/mdet...