Mike Nelson
What is a does it mean when TRUSTEE is on the deed?
I have been looking through properties and I have been coming across a lot of properties that will say "XXXXXX XXXXX TRUSTEE" with an address in another state. What does this mean?
Thomas Witchard
Capital gains on earnings from sell of an investment property
Hi, need some help. My wife and I just sold an investment property we owned. We were not aware that discussions for a 1031 exchange was supposed to happen prior to closing on the property. This said the earnings fr...
Ian Davies
Should I live in my first multi-family purchase?
I have been planning to start investing with a few of my family members over the past few months and we are in a position to move forward and are assembling our team. We are forming an LLC and all 3 of us will hav...
Jacob Stevenson
Guiding a family into a creative financed deal
I think this is a sub to deal but idk. I've done some owner financed deals in the past but never sub to. Owners want out and purchased in 2018, loan is not assumable. They have never owned rentals or investment prop...
Magaly Wilson
Creative Financing looking for advice to pull equity/refinance
Hello I am a current real estate investor/ new real estate agent and I obtained 2 properties with creative financing. Both property's are located in Danville VA and essentially what i did was pay seller the amount the...
Monica A.
When to sell rental property to qualify for 2 out 5 capital gains exemption?
Current rental property Tenants moved in October 1 2022. Before that it was primary residence since January 2019.Do I need to sell it this October to avoid capital gains tax to qualify for 2 of last 5 years exemption ...
Nicholas Halterman
What is the next step?
Hi all,
I haven’t posted in a while since I’ve been dealing with my new home. I just purchased a 2bd 2br condo in Kansas City with a VA home loan. I put 0% down. I’m looking to turning this into a rental eventually. ...
Tina Ricard
Question on WholeSaling and Vacant houses
Hello everyone! Newbie here. ;) I have been cruising and learning and love this group. Tons of good info! I have a few questions. well one at a time. Why are vacant houses good prospects for WholeSaling, when they are...
Jeff Bridges
Selling Rental: 1031 or eat taxes?
I'm selling a rental property at a profit and intend to buy another rental property to improve cashflow and get into a more desirable and easier to manage rental. I've been running the numbers and trying to figure out...
Ivan M.
The Basics.....
Long story short..I have one rental (been renting it out for past 10 months) and it is fully paid for and I want to be legitimate with taxes, deductions, etc. I want to keep things as simple as possible, so I guess...