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Haven't found a deal that works, its been three months and the problem is I accumulated credit lines to help with a fix & flip and paying 20% fee ( yeah I know not a substantial move ) "but I've created this monst...
Hello,We have been buying and renting out properties in Indianapolis since 2010 and have accumulated over 50 properties (single family homes). We do everything in house including property management, rehab etc. I join...
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Hello all! My wife and I are starting our journey in RSI. We are currently starting with wholesale here in the DFW area to generate enough capital to take on our own flips and rentals! I have worked in the residential...
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Quick tax strategy question.I have accumulated over $50K in "unallowed losses" on my tax returns over the past few years. What happens to those losses when I sell the property? Does it get added back to the basis? Do...
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Hello! My tenants in a Seattle townhouse were late on their rent last month, and per the lease, they owe a late fee. They have not paid it. What's my recourse? I'm looking for Seattle-law specific answers. Thank you!
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Considering inflation, it is not safe to have funds sitting in the bank.I have to save/accumulate funds for a down payment - I already have $30K - Will add 5K every monthAny thoughts? Criteria:1. It should be easy to ...
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Is the cost basis for depreciation purposes for a rental, after applying the tax assessor's ratios, the same basis that will be used to determine capital gains upon selling the rental?
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I'm currently a wholesaler and I've accumulated a significant number of direct-to-seller listing leads in many cities across the country. These leads aren’t quite right for investors but are still valuable for realtor...
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I'm looking into the idea of potentially becoming a real estate investment sales agent after college. Is there anyone on here who works in this field and could tell me about the logistics of the job and your personal ...
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Hello,I'm just starting out with a partner in the Minneapolis/Saint Paul metro and our long term strategy is to accumulate SFR's and MFR's. Would like to purchase for < 70% of ARV and rehab. Would consider flippi...