Vincent Serpico
1031 Rules Regarding Constructions, Build-out and Rehabs
Can a 1031 be used to:
1. Construct a property from ground up? (build a house)
2. Do a build out or rehab?
Thanks!!
Jarese Bradford
Wholesaling a property with a mortgage in default
Hello good people. I was doing some research on properties to wholesale and came across a property I wanted to get under contract. I noticed that the property was in pre-forclosure and a mortgage owed. My question ...
Vik C.
NYC coop as a rental property - questions
Hello all,I currently reside in a NYC cooperative building (meaning I do not own the actual apartment but rather shares in the coop). For all intents and purposes, as a primary residence it comes with all the same tax...
Yolanda Williams
Best tax strategy to incure less taxation
Hello I am a first time flipper. I sold 2 properties this year that were titled and sold in my personal name. One that was held as a rental for about a 3 years prior and one that was acquired and sold after a year of ...
David Coffee
Taxes on Real Estate Profits
Hey there everybody: I'm wondering about wholesaling and real estate investment profits in general.......
QUESTION:. What if I do a wholesaling transaction and I make a profit of about $50,000 in one month.... Does t...
David Arehart
Distance for using comps
Hey BP members, I'm pretty new to the Real Estate Investing world and have a question on comps? When searching for comps, how far away from the potential property do you like to venture? I've heard it varies based on ...
Ayo O.
Refinancing unoccupied rental
I am about to do a refi on an occupied rental but I am debating whether to wait till the SFH is occupied before refinancing.
(currently listed)My reason is that I suspect it may appraise higher if occupied at the tim...
Catrin Caxie Primacio
Beginner Wholesaler Tips and Advices
Hi Everyone,I’m just about to start beginning my wholesaling journey. Do you guys have any tips and advices for a beginner wholesaler like me? What are y’all favorite tools and apps to do your wholesaling deals? Thank...
Ladd Hallows
Under-valued land sale
Investment Info:
Industrial other investment in Ephraim.
Purchase price: $72,000
Cash invested: $12,000
Sale price: $172,000
This was a piece of raw land that was in an industrial area. I saw tha...
Joan C.
Buy from Whole Sale Investor
Hello,
I was approached by a whole sale investor, who is getting the property from bank directly, the price looks better than REOs in the market, but I am not sure if this kind of property has free and clear title as...