Here’s the scoop…I have a CPA, but he didn't provide me the answer I wanted and/or think is logical when it comes to the topic of claiming "Partial Disposition", so I wanted to put it out to y'all. I'm a business own...
Hi everyone, I recently bought a restaurant property in Iowa and am now thinking about rehab. As you can see the building is pretty dated and will need a sharp look to attract potential tenant. I am thinking about rem...
Hi all, a CT investor here asking you NY pros for some help/advice. In my local towns where I flip, I have had success being able to run my projects as a homeowner. I have my major subs pull their permits (plumbing, e...
I am buying a property which is a duplex with the bottom unit half below the ground level. the property was built in 1901. I am worried about if this is a big issue for fixing it up to resell? and what structural ...
Have an opportunity to assume a VA loan and wondering if I HAVE to do it in my personal name, or if my entity can assume the loan. So far striking out on doing internet searches and looking on VA website.
Hello!
I have a friend who has a high end property he is wanting to sell. His goal is to get as much out of the property as possible and give me an opportunity to do my first fix and flip. The home appraised for 1.2M...
Economic Update (Monday, October 12, 2020)
Make no mistake: no one has enjoyed this Pandemic and...
A friend is considering selling a duplex purchased at the bottom of the market. They're not interested in a 1031 Exchange, they want to sell and be done with investment properties.They are not opposed to seller financ...
Hello BP,
My wife and I are flipping our first house. The house is in the name is a LLC. The buyer mortgage company is requesting us to provide them the operating agreement of the LLC. I can understand if this requ...
I ask this because I am modifying my strategy slightly to include this after paying a crap load of taxes last year. I fought the urge to do this since moving can be a drain on resources both time and money. I may be...