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Results (10000)
Mike Gibson Another Ethics Question...
7 December 2013 | 5 replies

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...

Jeff Grant How long must I rent after cost segregation before I 1030
13 June 2023 | 5 replies

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...

Rob Hendricks Do carrying costs increase cost basis?
14 March 2024 | 4 replies

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 ...

Pawan J. Anyone actually wholesaling in Vancouver BC
4 December 2020 | 13 replies

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...

Henry Webster Letter of intent for a 5 unit
28 February 2020 | 7 replies

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...

Kyle Stanley Taxes owed on sale of a 1031 property in less than a year
2 May 2023 | 5 replies

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 ...

John G. Condo as primary for 6 months, then AirBnB
14 October 2019 | 4 replies

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...

Isrrael Mendoza First deal but not first deal
22 March 2023 | 0 replies

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...

Wojciech Grajewski How to transition INTO a 1031 exchange?
20 October 2021 | 6 replies

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...

Jason Carter can I keep 1031 intact with this structure
28 February 2015 | 10 replies

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.