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Love to hear some short but sweet stories in the comments that could help all of us as we progress in our investment journey!
GO!
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Hi,Regarding federal cap gain taxes, let's say I have a house I'm selling for $1,000,000 and my adjusted cost basis is $100,000 net (I bought the house 10 years ago) My annual income is $5000. Is it the case that:(1)...
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Hi!
I'm Jacqueline from Trinidad. I'm a simultaneous renter and property owner who is looking into flipping properties in the Caribbean. I currently work in the energy sector, but my ultimate goal is to become financi...
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Hello everyone,
So i finished the flip and closed the transaction in 2020 while i started the flip in 2019. Now the property is sold, i want to dissolve the LLC.
How should i go about it? Also, how should i report ...
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Investment Info:
Single-family residence other investment.
Purchased raw land for development of 9 SFH. Slated for completion Dec. 2023
What made you interested in investing in this type of deal?
...
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We have been looking into purchasing properties through a couple of wholesalers in the DFW area. I need another set of eyes and opinion on the deals because I know the majority will not be as good as they first appear...
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I am a wholesaler from New Jersey. I drove past a condemned house, the roof is collapsing. I haven't experienced a condemned house as of yet. what hurdles can be expected?
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Investment Info:
Single-family residence buy & hold investment in North Little Rock.
Purchase price: $127,500
Cash invested: $80,000
4 bed 2.5 bath 2 car garage fenced backyard, small storage bui...
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Hi group, my name is Roger ,I am an HVAC/R guy moving into real estate. I see deals everyware because i drive all over the county. Well i am tired of just looking time to take some action i saw 2 boarded up houses to...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $190,000
Sale price: $250,000
Used a General contractor on this property and did minima...