I have 2 rental properties, Texas and Georgia. I sold one in GA in 2018 (which we purchased in 2007) and didn't do 1031 Exch. Now, the depreciation hit me back as gain when doing the tax report. However, I reviewed th...
.It is an art in the sense that there are many variables to test when doing direct mailing, and if you do not have the patience, money, know how with those those variables it can hurt you big time and can "Sink you be...
I have a mortgage on a property that was missed by the title search purchased by a law firm on behalf of their client. The client subsequently bought the properties then sold them to another buyer. My mortgage was p...
If a Cost Segregation Study had not been performed on this $883,000 Apartment Complex located in Vista, California, it would have had first year depreciation of approximately $32,700. Thanks to the Cost Segregation ...
What’s some strategies you’re taking in this current market?
Hey everyone! I am in need of some guidance, I am in the process of closing on a triplex and commercial building through Owner Finance and need to see or find some contracts that would help me out as this is my second...
I understand how and why to use a standard formula of 70% ARV - repairs - my wholesale profit when making an offer to a motivated seller.However, I have some buyers who seem less interested in getting a great deal (30...
I'm graduating this August and will be working a FT job.
I've heard that 50% of sellers hang up if they reach an answering machine pre-recorded response. Now I'm not aiming this question to those of you who just sta...
My husband (veteran) and I purchased a home in Philadelphia in March 2017 in a neighborhood that is appreciating rapidly. We have fixed up a lot of things already and are continuing to improve it as we live there. Bas...
https://wallethub.com/edu/best-and-worst-states-to-retire/18592/