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Results (1921)
Clifton Jones First Proposed Deal
23 September 2008 | 5 replies

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...

Daniel Dietz Investor looking to 'retire' - what to exchange INTO after sellin
18 August 2017 | 3 replies

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 ...

Mario Lopez General tax deductions for S Corp
7 November 2020 | 5 replies

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 ...

Caleb Walters Tax implications on flipping a house we've owned for 30 years
18 October 2016 | 5 replies

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...

William Kilburn Hard Money Lenders - Worth it?
13 March 2019 | 5 replies

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...

Danny N. Question/Advice About Taxable Income On $507k Cost Basis Condo
10 July 2017 | 3 replies

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...

Nolan Payne Purchased 1st property, Flip or rent? Need help!
31 August 2019 | 6 replies

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 ...

Jimmy Park 4-Plex
27 October 2014 | 9 replies

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...

Amir Saeed Use my IRa account to make deal
15 September 2012 | 5 replies

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 ...

James Palassis Should I Renovate My Rental Before Making It My Primary?
28 November 2022 | 3 replies

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...