In the never ending search for more Federal Tax dollar, there is a proposal to eliminate the 1031, Tax Free Exchange. 16 different real estate organizations have formed a coalition to counter and lobby against that p...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $150,000
Cash invested: $40,000
Buy and hold triplex in rural NE North Dakota.
What made you inter...
Hi, I'm closing on a property of which the Seller will become by tenant. Our closing is scheduled for 2pm on Monday. Keeping insurance and ownership in mind, what is the correct day to start the lease?Thank you for th...
Hello,I have a single family house under contract to owner occupy house hack. The MLS listing said, "No rental restrictions", and the house has clearly been an airbnb. There are exit signs posted on the walls, and fir...
Successfully cashing out refinance a 26-unit multifamily apartment complex requires careful planning and execution. Here are the essential steps to guide you through the process:
1. Property Assessment: Begin by eval...
Considering that the job market was such a strong factor for such a long time in the value of an area and properties; how does the paradigm of a large percent of the working force (~17.9%) 27.6 million working from ho...
I am new to real estate, and though there is loads of amazing information here on how to succeed, I am looking for more information on how to fail (Not that I intend to!).
So, given that there was a crash 10 years ag...
After recent research, I have noticed that a lot of states, counties or cities have already or will be pushing out regulations stating that: You have to own and live in your property to be able to list only part of yo...
Is there anyone who have experience in investing in expensive area. I live in Brampton and average price of homes is near about 1 million . Finding positive cash flow property is really hard or near to impossible in...
has anyone had any experience, from a tax standpoint, in assigning a contract for profit? in other words, what type of income does irs consider this transaction for person assigning?
jim