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So I'm a newbie and just looked at a house I found on Craigslist. Set up the time to go look at it then started doing my research. Guy bought the house in 2006 for $57,100 and took out a 2nd for $10k a few months late...
I am trying to figure it out how to identify the total recaptured depreciation to report for tax purpose as result of the sale of rental property. The first realization is that this is a TOTAL recapture depreciation ...
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Hi - looking to connect with those who have bought a rehab type property with the intention to place a tenant and sell as a turnkey rental to other investors. Specifically have the following questions:
1. How do yo...
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Investment Info:
Single-family residence fix & flip investment in Toms River.
Purchase price: $195,000
Cash invested: $35,000
Sale price: $325,000
I found this flip by driving for dollars wit...
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As the subject states, I have a dilemma that I am having a hard time navigating myself. I now own a SFH that is my primary residence, the first property I have ever bought, and I have owned it for about 30 months. M...
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Man I get so PO'd when I read Realtor and seller ads, either in the paper or on Craigslist. I just saw another glaring example this mornings or an agent/investor selling 4 rental units with the following (paraphrased)...
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Investment Info:
Single-family residence other investment in Casa Grande.
Purchase price: $120,000
Cash invested: $30,000
Sale price: $260,000
Selling price was $180k at time and could only attra...
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I would like to invest in a commercial property such as a complex of suites that can be rented out by proffessionals. There is a little five suite complex that was for sale down a well known commercial street. The fi...
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We have all heard it, write down your goals or they are just dreams. My question for many years was simply and then what? I wrote down goals all the time, posted them to walls, in my top desk drawer, on mirrors, said ...
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When doing a subject to, so you normally keep the insurance in the owner's name? If you don't keep it in the owner's name how do you not trigger the due on sales clause?