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I am looking to buy into a family members property and be 50/50 partners after paying them half of their current equity in the property. We will be converting it from a homestead to a rental and was to do it correctly...
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I was asked the question recently by a homeowner - If she agrees to a Subject To transaction and I wrap/rent home, are there any tax benefits for her knowing her name will still be on underlying mortgage?
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i am thinking to sell my rental. seems like i am out of luck re: capital gain exemption (rented it for more then 5 years ;()
i do have a HELOC but i used it to improve my primary residence. any experts out th...
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Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
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We may be listing our single-family home investment property this month. It has greatly appreciated and if sold, we could clear $100K. I used 1031 exchanges in the past but failed to find a replacement. I don’t want ...
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Hi all,Wanted to share my first deal. I did the BRRR method
Purchase Price: $92,000
Rehab: $35,000
ARV/final appraisal: $175,000
Doing a cash out refinance and was able to get 75% of the ARV. Since I only needed...
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Hi all, I am trying to put together a deal and the seller isn't happy with the numbers my calculations support. I am hoping to offer him seller financing where he holds the note for 3 years at 6% which will net him cl...
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Hello all, my name is Andrew Bitler. I am a small real estate investor with big problems. I recently joined a bunch of forums because there is an important issue I need to investigate. I am utterly confused about a ce...
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Came across the concept of real estate professional recently and was curious if anyone had elected to pursue this status. I understand the time requirements and being part time the 50% shouldn't be an issue. Just cu...
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I presently have a chunk of our SFR homes under contract which will yield a 7 figure return after taxes and fees. (Of course, there is no guarantee that we ever get to closing and this will be an irrelevant discussion...