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Let's say you have a property that will take just a bit over 12 months to renovate and sell... now the rule for 1031s is that you can only use them if you hold the property for at least 1 full calendar year so does th...
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I found several posts about QOZF on BP but don't have a satisfactory answer to this question yet. I know a turnkey property that is doing some new construction in an OZ. I am pretty sure they must be using some of OZ ...
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Hi folks! I am new to the forum and have a few questions on 1031 exchanges. I have read quite a bit of information in the forums here which has been great but wanted to make sure I am clear on the requirements.I hav...
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Closed on my second and our partnerships first investment in Dayton KY. It is a 2 bed 1 bath 800SF house. PP-42,000Rehab budget - 10,000Projected ARV we had was about 80kPotential rents - 1,000/moWe got our pre-apprai...
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We have a property in a strong LGBTQ area and are looking at adding our listing to Mister BNB. Curious what the feedback is. Has anyone tried it? Good, bad?
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Folks,I need help with the following. I made a move and gave 50k deposit on a new construction condo in 2019. It was built last year and I became owner in October. Technically speaking I invested only 50k there,and it...
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Hi, I understand rental properties are not earned income so you don’t have to pay self employment tax on them. Has anyone fixed up flips or built new construction and instead of selling immediately, either rent...
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Hey there- I bought a deal six months ago that has greatly appreciated, and I have a buyer inquiring. If I get the right offer, I think I could sell this one and use the proceeds to buy a STR that cash flows $700/mon...
Anyone know if you can obtain financing for new construction as a primary residence and then decide to sell upon completion?
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So I guess I misinterpreted a 1031 exchange. I purchased a property Jan 2019, a few months ago. I fixed it up and it sold this month, and is set to close May 2nd. I contacted an exchange company and they told me th...