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Memphis Investors - do you (or do you not) get annual termite treatments on your rental properties? We are currently buying a home in Memphis (so excited about it), and it just passed wood inspection with flying color...
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Hello! I'm a new out-of-state investor excited to get into the Cleveland market. I've read multiple bigger pockets books and have been part of a RE mastermind discussion group, so I feel I have a lot of theoretical kn...
Okay this is THE most important and slightly lengthy topic that confuses and baffles most, but fear not! For I shall attempt to simplify this topic as much as I can for those starting out to help in building a better ...
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Hi
I applied for a DSCR loan to cash out on a free and clear 4plex held in an LLC but the loan officer is asking for my personal bank statements, personal home mortgage statements. I don't understand why I need to su...
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Hi everyone,
From what I understand about short-term real estate gains, a way to avoid them is to buy another and do a 1031. Are there other ways to shelter the gains from tax? The amount will be between $30-40k in g...
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Hello, I am looking to preferably build rental portfolio. I want cash flow. I have been talking to sellers that have distressed properties. So I was thinking of acquiring these distressed homes w short term seller fi...
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I don't have much by way of experience when it comes to real estate investing to contribute. But I do have experience in starting out in an area I have no experience. I started a race team with little money and a big ...
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My dad is going to be selling his home soon, a house he has lived in for almost 40 years. He will more than likely be able to sell it for close to $2M, and his basis is probably around 500k. This sale is what is going...
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I switched from QB online to desktop because I could not justify the pricing any more. I am running into a few issues.I have two tenants who pay rent three months at a time. I am stuck on how to apply the existing cre...
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FAQ Coming on Like-Kind Exchange Extensions
Posted on Apr. 15, 2020
The IRS is putting together a FAQ that will clarify the recently announced extension of deadlines for completing like-kind exchange transactions.
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