Joe Edwards-Hoff
General % to factor for property maintenance?
Hey all,
I am currently just researching and practicing right now. One thing I have been doing is assessing the cash-on-cash value of certain properties in my town. I factor in vacancy rates and some other stuff, bu...
Chad W.
To sell my house?
I need a sanity check, or more what am I missing. In Raleigh NC. I bought the house in March, the house next door just closed for 130K more than what we paid. It is 4/2 and 40 sq ft larger no garage. Mine is 4/2.5/ ga...
Cody Burckhardt
What to do with profit from selling a rental property?
Hello, I am in the process of selling a property in Indianapolis, it was purchased as a primary residence but have been renting it out the last five years. I live in Minneapolis and its been a hassle to travel for rep...
Brian Christensen
We own land. Should we partner with builder?
My parents own about .8 acre on Main Street in our town expensive/expanding town. Hot market. Homes gone in a day with cash offers. They have an old building there and we were considering tear down and building townho...
Mario Morales
"I pay Zero Taxes"
I don't understand how investors say I dont pay taxes, is that for the advanced investor with many properties or assets? I have 3 buidings and from what I gather, I want to show on my schedule E that my buildings are ...
Simon Obas
How can I minimize what I’m paying for taxes on flipping homes?
Peace. I flipped my first home last month and plan on flipping more homes this year (yay). But I’m hearing the IRS is going to kill me with a tax bill (capital gains). I have an LLC but I’m hearing I should switch to ...
Brandon Sturgill
FHA Lenders Causing Buyers to Become Homeless!!??...
Alright, take the title of this post with a grain of salt, but it's an important topic...maybe a story for context:So we're selling one of our duplexes to a nice young couple that wants to house hack...very commendabl...
Kishore P.
Self Directed IRA
Hello All:Background: I have a Self Directed IRA that I plan to use to make my first Real Estate Investment Multi Family (both residential and commercial) with 20 % down payment coming from my IRA. My wife is conserva...
Derek Bell
Cost segregation for taxes
Has anyone done a cost segregation for a tax year?
I will have a 750k+ tax bill from a warehouse I sold and from one of my businesses I sold this year. I have not looked too much into a cost segregation, but I am won...
Ryan Cleary
Ways to structure a seller finance deal
I have a property I would like to sell:-Market value: 450,000-Purchased in 2020- Mortgage has $153k left at 4% (conventional)The market is slowing down a bit and since I no longer would qualify for conventional loans,...