Karen Lee
Property lands in Opportunity Zone AFTER purchase
I purchased a multi family in Los Angeles CA in 2013. The area was declared an opportunity zone in 2017. Now I'm wondering how I can take advantage of the capital gains savings retroactively if I sell. Any advice?
Julie Muse
Quick Flip Success: Profitable Partnership on McClain Mountain Rd with Erika Gilbert!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $52,000
Sale price: $74,900
Contributors:
Peter Vekselman
Partner Driven, in collaboration with Erika Gi...
Amit M.
Deferred Sales Trust into a future 1031 exchange
Hi all. Someone with a dozen highly appreciated homes and condos that wants to sell them all off and roll it into a large NNN commercial property, has the challenge of timing, as its hard to sell 12 properties at one ...
Hamish Odiean Jr
Avoiding capital gains tax after ownership change?
Hello all,I have a property in Florida that I purchased and held for the last 5 years under my father's name as he lives in FL (for homestead exemption, etc.) while I live in NY. Long story short, my dad got ill and I...
Julie Muse
S Homan Ave Success: Profitable Flip in Chicago with Antonio!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $1,111
Sale price: $210,000
Contributors:
Peter Vekselman
Partner Drive...
David Haynes
South Philly Slam-Dunk Flip 19145
Investment Info:
Single-family residence wholesale investment in Philadelphia.
Purchase price: $179,000
Cash invested: $85,000
Sale price: $360,000
This property was in the highly sought after ar...
Joshua Lee Wegner
Rent back option for wholesaling?
Hi there BP! So I have a foreclosure that goes to auction on the 30th. I have spoke to the homeowner several times and he's willing to do a rent back agreement. Is this something I put in the purchase and sale agreeme...
Dylan Smith
How Interest to Charge on Private Money Loan
I have an opportunity to provide a private loan for distressed property to be rehabbed and refin. I have never loaned money like this before and was unsure how to protect myself, and what interest to charge.Any advice...
Account Closed
Property Investment Summary: 7672 Bernardo Dr, Riverdale, GA
Investment Info:
Townhouse fix & flip investment.
Purchase price: $70,000
Cash invested: $38,000
Sale price: $205,000
Property Investment Summary: 7672 Bernardo Dr, Riverdale, GA
This proper...
Julie Muse
Millgate Drive Flip: Big Gains in Spring, TX with Otis 'Lee' Sams!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $115,000
Cash invested: $33,396
Sale price: $225,000
Contributors:
Peter Vekselman
Partner Driv...