Either I cannot seem to find an answer to this on the web or I am using the wrong search terms. I am trying to figure out how to calculate ROI in the following scenario. Our original primary residence. Bought 18 years...
Good day hope all is well! I recently obtained my LLC after the stimulus checks were put out. I wanted to spend my stimulus money wisely so I decided to invest in myself and start a LLC. Llc (a) I own and llc (b) llc ...
Investment Info:
Single-family residence fix & flip investment in Charleston.
Purchase price: $270,000
Cash invested: $138,000
Sale price: $528,000
This flip property was my first and thankfu...
Investment Info:
Single-family residence fix & flip investment in Charleston.
Purchase price: $270,000
Cash invested: $138,000
Sale price: $528,000
This flip property was my first and thankfu...
Can I 1031 a property and purchase a fractional interest (TIC) in another property a family member currently owns?I would clear $300K from the relinquished property sale of $700k.The replacement property has appraised...
New to this forum and new to real estate investing.
My husband and I may have an opportunity to partner with my mother-in-law on a deal. She owns a home in West Philly that is vacant and she's interested in fixing it up and renting it out. Another option is that she is...
Hello all !. I’m a local investor in chicago , long time listener , I’m looking for help regarding which debt service will provide my with BURRR request . I was just shot down by first Midwest bank . I thought that...
Nepotism ...? Isn't that what they call it in the big corporate world? My sister and I have swiftly produced a couple of beginning strategies for our business. We are thinking about our options as far as getting finan...
As I understand it, you can depreciate appliances in a rental over 5 years. If I bought a house with appliances already in it, can I depreciate them? Or does this only apply to new appliance purchases after the initia...