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Basics: On a typical wholesale deal, for example someone gets their first deal done and makes a $10K assignment fee, (and doesn't do a 1031 exchange). Is there a basic tax rate that he will have to pay at tax time or ...
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I recently purchased a 14 unit multifamily property and in the process of doing a major renovation. I fear that I may be "over renovating", but the rents we are getting still make sense to keep the project going. Th...
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Hey everyone,I am new to the real estate investing game and looking to do Yellow Letters and postcards for my next campaign. I currently own a duplex and my personal home, and looking to buy my next rental property u...
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I would like to get started house hacking but I am confused where to get started I personally like jersey city as I have been renting here for quite sometime but prices have gone really high and wonder if they can go...
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I have been looking around for the answer to this and so far I haven't found anything that answers it directly.I'm getting ready to put an offer in on a buy and hold duplex and plan to use a HML to acquire and then re...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $515,000
Cash invested: $115,000
4 Plex purchase. Raised rents in every unit immediately. Lost a tenant, gai...
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...
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Hi forum:Went to Jersey City tax lien sale today, and I am sure I must have missed something here.It was an accelerated sale, which means unlike regular sale for the previous year, this sale will clear all delinquent ...
I'm Cole and I'm 19 years old and I am from Dallas Texas. I am very much interested in real estate investing and would like some advice on what you would do if you were my shoes. What would you do?How you would start?...
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I rent out a 2 unit property in baltimore county. I just got a notice from the MD department of assessments & taxation that the value of my property will increase from 120k to 261k , spread out over 3 years equall...