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In 2016 I did a 1031 exchange and I'm trying to figure out the depreciation for the replacement property.This is the information I found when doing some research:http://www.1031.us/PDF/Depreciationof1031.pdfLet’s say ...
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Hi all, first time posting on the forums. My wife and I own a LTR townhouse where we live in Raleigh, NC. We are interested in expanding with a vacation rental in Fort Lauderdale, as we really like the area. We would ...
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Hello All!
A friend and I are interested in starting a partnership LLC to invest in Rental Properties. We are both new to real estate and looking for creative ways to finance our first couple of properties. We are l...
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I’m selling my home in Texas and will be making roughly $55-60k. I want to begin investing down here in Tampa/ St. Pete and don’t know where to start. Should I begin flipping houses to build capital? I’m afraid to sta...
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I am building my business plan for being a new agent. While I know being a new agent is tough, so is being an experienced seasoned agent. From my brief research so far, I learned that knowledge is power in real estate...
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Everyone has to start somewhere--thankfully, this is the place to which we were lead to find enduring freedom and sustainable wealth. My partner and I want to break the paycheck-to-paycheck cycle, renting ourselves o...
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I have some buy and holds and am relatively comfortable in that space. However, I am attempting my first flip. I am partnering with a friend who is a general contractor (with an accounting degree). I found the deal an...
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Hello Everyone! New investor here! Looking at properties online and have no idea how to estimate rehab costs. I’d like to have a general idea of how much rehab will costs before dragging a contractor to every property...
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We're rehabbing a flip which includes a complete remodeling of the kitchen. So in a few weeks will need a full set of appliances: fridge, dishwasher, electric stove and fan. The spread on the house won't be very big, ...
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Hi everyone, Chris here located in Sarasota, FL, (tampa was the closest to me for location)So I'm looking into flipping land here in Sarasota, I have a minor background in wholesaling, (never completed a deal though),...