Hi all! This is my first post here. I'm excited to learn more about real estate investing :)
I'm starting the search for my first STR and was hoping for some advice on my ballpark expense estimates to determine a pro...
A bit about me:I currently live in possibly the most expensive area on the planet. It is cheaper for me to keep renting instead of buying here, so I do not own my own residence. I have a high salary day job which I en...
I am in discussions with a potential seller. Currently, he has a mortgage balance of $55,000, and is behind on property taxes in the amount of $16,000. ARV of the property is about $200,000. My question is in regar...
I am in the middle of a Live-in flip (purchased in October of 2019).My original plan was to wait 2 years to avoid capital gains taxes. I am just worried that we are in a bubble and I want to capitalize before it pops...
Hi all,
Let me introduce myself. I come from Paris, France not Texas, I am 36, I have recently been transfered with my family by my company (software editor) to the San Francisco area under an L1 Visa for 3 years. I...
Has anyone put together a killer business plan and presented it to a lender for a potential purchase of a home for the purpose of STR and been approved?What was included in the plan?
Hi Everyone,I have a question about LLCs... When my husband and I bought our first 4-unit building we created an LLC and pretty much sat on it for three years. When tax season came around, we reported our properties o...
I'm feeling very nervous about trying to complete a 1031 exchange for a property in San Diego county which has not yet closed. I was planning to buy some much less expensive duplexes in my home town in Wisconsin and ...
When whole selling, do you pay taxes on the earnings? if so, is it charge as capital gains?
Thanks in advance to anyone who is reading this. This is my first post but I am excited about this community and I hope to learn a lot from it.
I started a Texas LLC in 2013 and I want to eventually buy multi...