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We have a lead on a home for $60,000 in a neighborhood where the comps run anywhere from $100,000 to $200,000. Taking the lowest price of $100,000, woudl this be a deal?
There are no applianc...
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Hello All, I am pretty much completely new to the 1031 field, but am asking this to get some ideas for a landlord that is looking to sell of 7 duplexes but is concerned over his potential tax liability. I want to buy ...
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I've setup an S Corp for my business and am wondering you can help me identify what tax deductions I should assume at the employer/corporate level? FICA, State Income Tax. Is there anything else that I should account ...
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We are going to sell an old house that has been in the family for years. It's a tear-down property. I am running the numbers on the idea of tearing it down and rebuilding it myself, then selling the new construction...
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I've just started learning about hard money lenders. I can see the draw, especially since it isn't so much based on your individual credit as it is on the property. My question is to the ones who have used this financ...
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So I was just thinking about this tonight and will call my CPA tomorrow, but figured Id ask here for now. I have a rental condo currently thats worth $650-675k, I bought in foreclosure for $507k, 18 months ago. Anyway...
Hi BP! I hope ya'll are looking forward to a great Labor Day weekend! Here is the scenario and numbers for a property I've purchased at auction and I'm struggling to figure out which is the best play/course of action ...
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Hi all - wanted to get feedback on a particular deal, would really appreciate any input as I would be a first time purchaser. Details below, numbers are approximate:
+ Asking Price: > ~$400,000
+ R...
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I am newbie to Real Estate. I would like to get some guidance please. I have some amount sitting in IRA that I would like to use to invest in Real Estate (rental/buy). I am interested in a deal where I would like to ...
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My wife and I are about 3 years out from retirement. Both kids will be out of the house and we are looking to downsize. We have identified one of our rental properties to be our primary residence when we do this. We h...