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Results (10000)
Account Closed Trying to make an off market deal work
23 April 2019 | 8 replies

The market where I am at is scarce in terms of deals. I've been working with a developer who has a duplex who is interested in selling but is by no means motivated to sell. I'm trying to house hack my way into a decen...

Nirzhar Kar Realestate agent needed for a cash offer on a flip?
6 May 2017 | 17 replies

I am going to make some cash offers on some houses to flip so i need to try to save money anyway i can. But i am wondering if i need a realestate agent or not. How much % of the buy does realestate agents get in NJ fr...

Matt Bob Playing with the idea of RE Accounting
20 March 2023 | 29 replies

I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...

Angela Yan Doing a 1031 with acquiring a Subject to property
12 July 2023 | 16 replies

Hi!  I am in a 1031 exchange circumstance as i got an offer on my investment properties.  Some of these deals out there are awful to replace my properties i have in contract. Can Subject to acquisition be counted towa...

Hassien Serrano Buying from seller and dealing with capital gains tax road block
13 January 2017 | 8 replies

Hello,Here is my awesome dilemma.Seller received advice and changed mind to sell because of concerns on capital gains tax on a property in NY if they sell it to me and carry the 1st/the note/owner financed and no mone...

Jason Vannoy To liquidate or stay the course
17 June 2022 | 6 replies

I am a 36 yo with a steady income from a career outside of real estate. I have 5 rentals and my fiancé has 3. We both have steady careers, etc. The question is a market timing one I suppose. Should we liquify stop the...

Karen Lee Property lands in Opportunity Zone AFTER purchase
24 March 2023 | 7 replies

I purchased a multi family in Los Angeles CA in 2013. The area was declared an opportunity zone in 2017. Now I'm wondering how I can take advantage of the capital gains savings retroactively if I sell. Any advice?

Jinyu Shao Tax Implications of Primary Residence vs Investment Property
14 November 2019 | 5 replies

Hi all, I own a duplex in Queens and our family both live and rent the property. My family is planning to move out of the neighborhood and rent out the entire building. 

I'm unsure whether the house will become an ...

Account Closed what is the 70% formula? how can i find out the accurate numbers?
16 December 2017 | 49 replies

what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...