Jian Li
Double Trouble
Hello All,Being here a while and learning alot from all of you. I'm currently on my first flip and it's a whopper of a job. Everything needs to be done from roof to plumbing the whole nine yard. Well that's not the h...
Matt Lorenzo
Home Equity Loan to Pay Off Newly Purchased House?
Hi all,So, my situation is as follows. I currently own 1 condo, and recently purchased a duplex. Both properties are in Cleveland, Ohio. My condo is paid off in-full. It currently appraises for $63,000. I put 25% d...
Steve S.
Joint Ventures? What's your experience with them?
Reaching out to find people's experience with doing Joint Ventures? We would love to hear all about it.1. How was your experience?2. Did you make money?3. Anything else you'd like to share?
Michael Bertsch
Home Office Deduction
Can I use the home office deduction if I am already taking a loss on my schedule e? A few CPA's have told me I can but literature I have been reading says otherwise. It states you can't create a tax loss with a home o...
Jonathan R McLaughlin
Random thoughts on the new normal--yours?
Well, like everyone else I've been worried about keeping parents safe, home-schooling kids and economic security. BP has been a source of information, occasional frustration, distraction and humor. So I thought it wou...
Markus Chambers
Anyone use M Steele Investments?
Good morning all!I was wondering has anyone ever used M Steele Investments before. I have spoken with him over the phone and have visited his website, but I could not find an NMLS number or brokerage. Through LinkedIn...
Tracie Van
Wisconsin - No lease agreement in place
We took over some duplexes and I noticed that one person's lease ended May 31st of this year. I don't want to renew them for a year. I'd like to just give them 28 day notice, but its unclear if the lease automatically...
Doug F.
Capital Gains on Land Contract Sale
How does capital gains tax work for a land contract sale?
If a property was purchased say at $50,000 and then sold via land contract at $ 90,000, assuming everything simple, and there is a capital gain of $40,000.
...
Stuart Udis
14,000 SF Mix Use Value Add Acquisition - Mount Airy Neighborhood of Philadelphia
Investment Info:
Other commercial investment investment.
Purchase price: $1,730,000
Cash invested: $560,000
14,000 SF 11-unit mix-use building consisting of 2 retail spaces and (9) second floor apa...
Viplav Naik
Newbie from Brampton, Canada
My name is Viplav Naik, and I am a university student studying Real Estate Management at Ryerson University located in Downtown Toronto, Canada. I am going into my junior year of studies, and I am also trying to purs...