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My good friend went through a messy divorce which hit him hard financially. He wants to get back on the property ladder and we have talked about me putting in 50% of the deposit needed to purchase a house. He has a go...
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Hello,I’m looking to have cost segregation done on a valuable single family rental property.The price we paid for it less than the land is just over $500k which is the limit for some software.I’ve gotten estimates for...
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I’m looking into buy my first flip in Madison, WI. I’m curious about property gains taxes and how other investors deal with them. Are there ways around them without living in the property for 2 years?
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Looking for information regarding Maine's capital gain tax. Can't seem to find anything definite about the actual percentage. Our accountant says one thing and I am finding something different. They are telling us tha...
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Is it possible to create an LLC, Buy Properties and place them in it, then rent it yourself from your LLC? What would be the benefits from this?
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So I am getting closer to jump in with my first investment. I have cash ready to go but I also have the option to pull out a significant amount of equity from my primary residence by using a HELOC. My question, is i...
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Hi all,I’m working on an offer for a package of 4 properties, a 4-plex, duplex, and 2 SFR. The seller is hesitant because the duplex and one of the single families will be short term capital gains and he isn’t wanting...
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Hello everyone,I am new to the real estate realm and looking for advice. My goal is to start my real estate journey with house hacking. I currently work in health care profession so i plan to do mid term rental to nur...
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Hey guysWe do have rentals and we are rehabbing one to sell. So my question is where should we put that money now from the sale?We were looking at possibly trying our luck and flipping land near where we currently liv...
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Hey all, we're looking to sell our home in the Twin Cities Minnesota. We're in a really good area. Looking at listing for the $430-450k range. We owe about $304k & are in probably year 2 of a 30-year loan at 3.12...