Nicholas Wever
Commercial Property Purchased on Land Contract - What Can I Claim On Taxes?
Hi all, happy Friday!I purchased 2 commercial zoned 'light industrial' properties in 2023. I have had tenants in them and am looking for clarification on what I can claim on my taxes. Sale price was around $325k with ...
Justin Seng
Structuring a delequent tax deal
Is it possible to structure a fix and flip deal like this....
Off market house. Owner owes $10,000 in back taxes.
My offer...
Pay back taxes off now and offer home owner 40% of the fix and flip sale price.
Num...
Katlynn Teague
What's the best time of the year to buy?
Answer:Try the last three months of the year or the first two months of the new year! Reason 1. Motivated Sellers - With the Holidays, the new year coming, and a new school year approaching sellers are eager to wrap u...
Almantas Buikus
Rent or sell in NJ ??? Keeper or flipper ???
Hi everyone.Need a little help here.I'm a reader, not a writer, but this time I decided to ask you for advice... Up until now I was doing flips (not many, but did few) and knew my outcome pretty good. But my last purc...
Tom Dieringer
Using HELOC for next investment - what am I missing?
I'm six rental properties into my investment portfolio and have HELOCs on two of those properties as well as my primary home. However I haven't used them yet other than briefly on a flip two years ago. I'm embarrasse...
Account Closed
3 Ways to Wealth in Real Estate - CashFlow Flip Hold – Here’s How
I’m always looking for the right solution to that old question “How Do I make money in real estate.” I will focus on How To Buy Properties because I believe you make money when you buy. What you do with the property a...
Damian Callaghan
How to find Cash flowing properties - What am I missing?
I'm new to investment but spending a lot of time on market and deal analysis. I am ready to buy but so far - even in markets where you can still pick a home up in an appreciating market for $250K - I am struggling to ...
Jim Hwang
Looking for CPA Re: capital gains and 1031 exchange questions
Hello all, I have about 3 weeks to nominate a replacement property for my 1031 exchange and am looking for a CPA who can answer questions regarding the tax liability when the replacement period straddles tax years lik...
Zach Schnoebelen
New real estate investor looking in Chicagoland
Hi I am a new real estate investor in West Des Moines, just bought my first buy and hold house. Going with the BRRRR strategy. Looking to relocate to Chicagoland area. Trying to house hack in a multi family fixer uppe...
Neel Patel
Potential BRRRR (or Flip)
Hi everyone! I just picked up a shell property in a booming area in Philadelphia. Original plan was to flip it, then started considering renting because of the area but now, I think the original plan of flipping might...