Julia Rockwell
Pre-Sale on a Flipped Home
Hi! I have been driving around and noting a lot of FISBOs and new construction. I've called a few of the unlisted new construction I've seen and spoken with one company that flips homes. I'm not a flipper but I would ...
Helen Imhof
Capital Gains Tax
Hi,A year ago we sold our house that we had lived in for 5 years and made about 260K. We invested some of that on a rental property and built another house. We want to sell the new house and because we were the gene...
Peter Lee
Can capital gains be rolled into another property via 1031?
Wondering if capital gains from a sale (and capital gains only) could be taken and rolled into a different property via 1031 exchange to avoid the tax hit. Or does one have to take all the proceeds and roll them into...
David Sanchez
What do you think about this fast route in becoming a full-time investor?
Hi, everyone!Lately, in real estate, I've learned that it's important to identify your goals, and my goal is currently making money reasonably fast to be rich, not wealthy. So the best strategy for me would probably b...
Leo B.
How do lenders know what CAP rate to base a refinance on?
I'm starting to look into performing a 1031 exchange into an apartment complex and am looking for more information on value adds and how a lender obtains their valuation based on the CAP rate. See example below.- 30 u...
Damian Gaitan
Reviews on Tax Sale academy?
Hello All - just curious to see if any one has any feedback on Mr. Casey Denman's course on his "Tax Sale Academy" website? Is it worthwhile? https://taxsaleacademy.com/Thanks
Matt Mach
Sales Tax exemption on flips?
Ok, I've gotten one flip under my belt. We closed in 2017, I've already talked to a CPA regarding taxes and he suggested I roll the income and expenses into the same tax year. I've been reading quite a bit about how I...
Tyson Scheutze
Insights from IMN: Single Family Rental Forum East
The IMN Single Family Rental East and West conferences are always great opportunities to meet with the most active residential rental experts in the country. And this week’s conference in Miami delivered lots of insig...
Dan Schwartz
Luxury Glue Down Vinyl is just today's Linoleum. Change my mind.
We are doing some light reno to a house we bought as a short sale years ago. In looking at vinyl flooring, the warehouse suggested the glue-down type, which I hadn't encountered before. How is this stuff not just li...
Art Jackson
RE: Hud counseling for homeowners wanting to do a short sale
I want to share with everyone the most recent situation on a short sale i'm working on Wells Fargo. I was told that if the loan is an FHA loan that the homeowner(not investor, or realtor)must do a 15 to 20 minute pho...