I am a mature and motivated 19 year old student who is on a mission to help my father gain FI after he has worked hard for 42 years. He is currently 53 and unemployed. However, he is currently seeking a new small busi...
Hi all,I’m looking for financing for SFR construction on purchased land. My builder is licensed but taking on his first ground-up home build and banks are not lending without experience. I’m looking for private money ...
Hi,
I am planning on doing 1031 exchange on one of my investment condo's and reinvest in another area. Any ideas on:
1. Which potential areas to invest? I live in LA and was thinking of AZ or TX.
...
My question is in regard to the 1031 exchange. I'll have 2 properties in this theory that i'll lay out. I am new to REI, so i'm not sure if this is even possible. If there's something i'm missing here please let me kn...
I attended a 3 day seminar this weekend promoting noteschool. Noteschool is a mentorship and training program for notes performing and non performing. It seems very expensive starting at 16k depending on the leve...
Hello, I'm asking for my in law. His selling a property in NC to buy another in IL and we'll like to know if the new property price should be based on the value of the house that's about $319k or on what he would keep...
I own a property with roughly $140k in equity. I've owned it for 6 years and has been lease out the whole time. My last tenant move out 5/1 and I am undecided on what to do. The property is in good cosmetic shape and ...
HelloI would like to know how does the taxation work when selling an owner occupied Duplex.There are two scenarios here, 1) The rental unit has similar square footage as the owner occupied unit.2) The owner occupied u...
Earlier this year, the IRS issued guidance extending the time periods for individuals currently in a 1031 Exchange due to the Coronavirus pandemic. IRS Notice 2020-23 provides that those performing time-sensitive acti...
I'm planning on selling an investment property (Property 1) that has significant equity to purchase a 50% interest of another property (Property 2) from my former business partner. I already own a 50% stake in Propert...