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Okay, so I have a tax dilemma and would like some advice before I make a decision. Here is the story...My parents bought a house for me a few years ago with cash, with the deal being I make payments to them every mon...
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Hi, new to BP. So....I have a duplex in a crappy neighborhood. for months, a company out of the metroplex has been offering to buy it. diamond holdings and aquistions. So we agreed to $170k. It is only worth ...
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In your opinion; How does Donald Trump's presidency affect real estate investors confidence levels on both a micro and macro level?
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From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...
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So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $149,000
Cash invested: $149,000
3/2 block house .60 acres
What made you interested in investing in this ...
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Hi!I am in the process of buying a triplex that, according to the current owners, cash flows nicely at 2% (rare for this area!). However, two of the units pay under market rents and the tenants in those units are ver...
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Background; I've 1031'd 4 homes in the past 3 years. I either turned one home into 2 or traded a smaller home for a nicer home that will hopefully appreciate and cash flow more. My long term goal has always been to do...
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Aloha! I am looking to move to Hawaii with my partner from the San Francisco Bay Area due to flexibility of working from home. We are thinking of acquiring a STR property in Waikiki resort zoned area or NUC units. I a...
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Dear ICSC Member,In the wee hours of this morning the U.S. Senate passed its version of a tax reform bill by a 51-49 margin along party lines. Senator Bob Corker (R-TN) was the only Republican to vote against it due t...