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Have a question I can't find an answer to. I just bought a house that I am planning to rehab and sell and hopefully profit enough to pay cash for another with those profits and then rent the second one. This is not...
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I have a property that I want to sell and do a 1031 exchange into another property of lesser value. I want to confirm my understanding of the 1031 exchange rules are correct.Exchange property: Cost basis is $205k; Sa...
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We're trying to get a mortgage for our 2 multifamily buildings that are each around $750,000. We bought them with a private loan and they are held within an LLC. The tricky part is that I am a non-resident living outs...
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I live in the san francisco bay area and my goal has been to buy one building every year through the downturn. I have my eye on a nice 9 unit building but my partner is saying that with the European debt crisis there ...
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A service I loved and have used since the 90's... Bittersweet.
"Big" Henry
"Rex Report has been sold to Foreclosure Listing Service (FLS). I want to assure all of our subscribers that you will be in good hands. R...
Determining my tax liabilities for real estate I own in the US as a US resident is easy. However, guesstimating my tax liabilities for US real estate income as a Canadian resident is harder to pin down.Do any of you h...
Hello. My name is Andrew Rolley. My wife and I have recently moved to the Nashville area from Lafayette, IN. My wife is a realtor and has been in the real estate for 4 years. We've currently done 12 Flips in the past ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $144,000
Cash invested: $10,000
Sale price: $189,900
I used a VA loan to acquire a foreclosure. I fixed the pro...
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Hello RE Family,I have been studying and researching real estate since 2013 and still have not made one deal yet due to mishaps of father developing Cancer and recently passing; among other things. My desire is to ma...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,369
Cash invested: $33,685
Sale price: $123,900
This was my first fix and flip, and I made well over my 40%...