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Hey investors and lenders! I have a deal in my hands of 7 mobile homes all on separate .25 acre lots and all rented out to long term tenants.
Owner says rents are about $2-300 under what they could be but with the t...
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Hello, Our CPA told us today that:
- Based on a selling price of $215,000, I am calculating a gain on the sale of the property of about $127,500. This amount of gain creates approximately $24,500 of additional feder...
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Is there a way to avoid capital gains tax when trying to take money out of stocks and reinvesting into real estate?
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I was thinking of moving into a livable house that needed updating and minor repairs, living there for 2 yrs then renting it out. Since renters don't take as much care of the rented property, how much rehabbing should...
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Hi everyone,I was wondering if it is possible to 1031 exchange a SFH rental for a 50% interest in a 4plex (the 50% interest will be of greater value than the prior SFH, paid via cash + commercial loan, and both units ...
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Hi Everyone,I am thinking about doing a 1031 exchange by selling one of my current properties and using the funds to buy a different property. I needed some clarity on a potential scenario... My property that I'm sell...
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Hello all thanks in advance for the assistance!
So I am putting my rentals on the market at the end of the month that I purchased for 230. The list price will be around 400. How much would I need to spend to ensure ...
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I have a partnership in a multifamily LLC (2 apartments - 50 units & 20 units) and now we are about to sell the property. Just wondering if I can use 1031 exchange using the proceeds of this sale to buy an SFR. Pl...
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Hello everyone, I’m new to real estate and that even feels like an understatement. The more I listen and read the more questions I feel like I find and need answers to. That being said the one thing that I see many p...
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Is there a legal way to use S-Corp pre-taxed income to acquire more real-estate? I have an S-Corp (construction company) that is providing a main source of steady income. A couple years back I was able to acquire a co...