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Can anybody help with the following? 1031 can be a bit confusing.I sold a property and can't find anything interesting to invest in. Can I use these money and offer a private loan with no interest payments, just payof...
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Hello everyone. Have a friend with the following scenario: Purchased 3 family house. Purchase price, rehab costs and holding equals $700K. Each of the 3 floors will be sold as condos for $350K a piece or a gross prof...
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Hello everyone ! My first flip is coming to a end two more inspections and the for sale sign goes up. Now I'm looking for a multifamily 3 units or more for my 1031 Exchange. I am welcoming any advice or shared experie...
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I live in TN and have several rental houses in TN. I have stayed out of Georgia, but we live right on the TN/GA line. We have found what we think is a great deal just over the border. I'm trying to research the p...
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I have some questions on handling and structuring multiple syndications. (Im in the process of learning syndication structure so excuse my ignorance on the subject.)Once I get a few deals going at the same time I will...
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What do I do if I want to rent out my second home with a rider? Is refinancing only the option?
If I leave as is, will I be able to claim the property as rental on tax return or is it a violation? (i.e., do banks and ...
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Hello I have a question. I bought a house for $40k and put about $20k into it. I'm positive I can sell for no less than $79k for about a $19k profit before taxes, fees, commission etc. Well I put a lot more money into...
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If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...
Complete newbie here! My husband and I just started an LLC. We are each depositing the same amount as capital contribution so that our ownership is each 50%. My questions are: 1) How do we pay ourselves once we have m...
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Hi guys, I recently purchased a SFH in Northern NJ for a flip and I am looking for a a good 1031 exchange broker to work with on the resale. If investors have had a positive experience in Northern NJ, kindly connect ...