Exploring the Real Estate Scene, in Palm Beach; A Report for February 2024
Imagine the sun setting below the horizon casting a light over the beaches of Palm Beach. Itās not any day; itās February 2024 a time where d...
I will have 2 rental properties, each generating income and losses. Ā Can I deduct my business expenses as a real estateĀ investor (car, office expenses,Ā business meals, computer,Ā etc) outside of the profit/loss sheet f...
All:I did my first flip earlier this year for proof of concept. Ā 17k purchase, 11k rehab, sold 45k (45k - 28k = 17k pretax profit, no realtor)Ā . Ā I am finishing my second one, which is going to be about 80k all-in, ex...
Hi, great forum! I'm excited to be here and excited about REI. I live in and am investing in Las Vegas. I am partnering with my sister and we are creating an LLC. My sister and I are both married. Should I includ...
Hi BP, close to two years ago IĀ quit my full time job and started flipping houses full time. I have not yet encountered a tax year where I've had to work through and claim income for flipping, but that is coming up in...
For an investment property to qualify for a 1031 exchange, is there an established minimum that you have to have a tenant in the house before you sell the home and exchange for the next investment property? For instan...
I'm very new to real estate, looking to make my first investment this spring.
What are the FHA requirements for multi family in Massachusetts?
My income is the only thing holding me back to apply. Started a new 9-5 j...
Looking for agent feedback on what kinds of strategies you've implemented this year--to help clients close in the current market environment.
I would like to sell a couple properties in the future, would I be able to use the 1031 strategy to buy one house that I would use as a primary residence? Would I be able to sell 10 houses in a package and use that to...
Hello,We are considering doing a 1031 exchange and wanted to know if you have used qualified intermediaries in the Tampa area you can recommend?Thank you,ps