As a newbie with no money would a hard money lender allow me to borrow the closing cost and repair money on a property I bought sub2. The plan is to flip the property.
Hey all, I am looking at the Idea of selling our primary residence and buying another "house hack" option (unidentified) The House we are selling we bought last year for $49,000 for us to live in and then move out aft...
Why don't lenders count rental income for loan purposes for first 2 years when you may be paying taxes on this? Are there any exceptions?
Hi there, my question is really around taxes, I'll admit it is not my strong area and I do have an accountant that I will advise but figured I would see what discussions are generated here.So for my example, I have an...
What is the point of doing a 1031 exchange? Here is the how I would explain it to a kindergartner:
The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing...
Does time taking care of (mowing/landscaping) and managing (keeping records, paying HOA dues, paying taxes) my vacant parcels count towards my 750 hours of being a real estate professional?
What is the biggest tax-related hurdle in your real estate investment journey?
Hello Guys,
I have a question to those who flip 25 plus homes a year. What is the best strategy out of the two I am about to put down below
Strategy one: Flip homes sell them, take profit and keep flipping, paying ...
So my brother wants to partner up and fund 100% of the down payment for all the deals I find. We would both be on the deed. Would this trigger an tax implications? Would this count as a gift?