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Hey everyone, I have a question about a duplex I'm looking at for a 1031 exchange. I have a house I'm flipping now, and will have about 55k into it, hopefully selling for 110-120k. I would really like to not pay taxes...
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Investment Info:
Other other investment.
Purchase price: $21,100
Cash invested: $3,500
Purchased a vacant piece of land, 2.4 acres, in Milton, FL, through a tax deed auction in August 2019. This was ...
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Hi All -Anyone have experience creating an LLC for building and managing a new ADU construction? Did you find it beneficial vs not creating the LLC or any type of pass through entity?Listed some of the tax benefits yo...
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Hey guys/gals,I recently started looking into tax liens and have since read a couple of books related to the topic. I figured NJ would be a great place to start given that I'm located in NYC and spend half my time in ...
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Investment Info:
Industrial note investment investment.
We bought a tax lien, then negotiated successfully with the property holder for a payoff. This is not glamorous (see the photo) but we helped the city ...
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Greetings;
I will be selling my sfh in Milw soon; this house was a rental for several years, but I have been living here for the past 3+ years. But I retained my CO residency where I have another house ("my" house)...
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I apologize i advance if this is not the place for this. I've been learning all I can to ready myself for an entrance into real estate in the next few years and have run into a problem that I think I'm missing a piece...
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should wholesales be done under my LLC or separate under my personal name. Trying to safe as much money as I can tax wise on every deal
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Hi all, My spouse and I have a full time W2 jobs and we are looking into real estate investment (SFR - buy and hold strategy for now). Neither of us will be able to get the real estate professional status nor will we ...
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I have a business college degree which had an emphasis of Real estate. I got into construction management instead. I had a stroke about 41/2 years ago and I need something I can. Be flexible with. So I got into le...