Does anyone know how difficult it is to do a monetized installment sale as an alternative to 1031 for deferring capital gains taxes? My CPA and real estate agent don’t know anything about it, and I don’t know how get ...
I installed a flight of 5 steps (Treated Lumber, done nicely) up the rise from the driveway, towards the walkway to the front door of Single Family Home.Run is about 10 feet, rise is about 25 inches.There is 10 feet o...
I'm under contract for a fixer right now. I wanted to schedule an inspection but I wanted utilities available. Water is going to be turned on but electricity cannot because the meter box needed to be installed. My due...
Found the example below on a website. This is the way I understand my first year tax liability when selling via installment sale. But after way too much time searching online, I get conflicting advise. I modeled a pro...
Looking at the upkeep, cost to have someone mow, and maintenance on real grass. Long term is it worth just installing fake grass? Seems like I see a lot of houses with fake grass in the backyard down in Florida on AIR...
Hello Everyone,
I'm looking for some insight into real estate installment contracts. This would be used as an alternative to the traditional wholesaler's assignment contracts In South Carolina they are cracking dow...
Our tenants want to have satellite TV and have asked if they can have a satellite dish installed through Century Link on our SFR at our tenants' expense. When we bought our SFR, there was already a satellite dish on t...
Hello BP,
I am buying a property for 20,000 and wondered what the pro's opinions are.
Should I pay 20% down and get a 30 yr loan at 4% and obviously pay all the fees involved with this or
I have a...
I am rehabbing a property that I will be refinancing after the renovations and plan to rent it out. It is an older property so it does not have coaxial/ethernet installed. Should I upgrade from the old telephone jacks?
Hi, currently have a house that I’m flipping that the boiler is shot. It currently doesn’t have any gas lines either. Would replacing with Electric baseboard effect my ARV a ton? It is 1,000 SQFT and located in the No...