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My real estate acquisition model is lease purchases and owner financing. My contracts give me the right of assignment with no recourse, and it is my intent to do so in exchange for an assignment fee. Other than b...
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As the title suggests, I am a real estate professional and want to harvest a bonus depreciation on a property. I also want to sell it eventually to capture its equity. The single family home will realize a big gain in...
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I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...
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Hi all,
I hear about wholesaling more and more and sounds great, but is anyone actually doing it in Vancouver British Columbia ( BC ) Canada or the Lower Mainland?
Interested to learn more about success stories from p...
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I am writing a Letter Of Intent for a 5 Unit near me, and would like some ideas of what to ask for in the LOI.
The owner doesn't have much in the way of financials (old school) a couple tenants pay in cash he in turn...
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Question for the 1031 QI’s and the CPA’s. We bought a STR in the Smokies in September 2022 using 1031 proceeds from sale of a LTR we owned for 2 years. It is draining me and we need to get rid of it. Our intent was ...
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So I plan on purchasing a condo as an STR, but will live in it as my primary residence while I plan other investments and prep the unit (decorate, furnish, light reno if necessary, find a cleaning crew, an on-call han...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $310,000
Cash invested: $33,000
First real estate investment. Quite frankly the decision to purchase the property w...
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My Goal: - Purchase a Multi family house in the DC area (inside of DC or in Virginia or Maryland) My Situation:- I own a Single Family Home, which is my primary residence, that I purchased in 2016. However, I have nev...
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Hello, I am looking to buy a tear down or some land with my 1031. I would like to build 2-4 units on the land and keep 1 as a rental. would this keep my 1031 intact? Thanks in advance.