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I normally approach banks in my area for commercial loans simply due to having existing contacts. I came across a site recently (commercialloandirect) and not sure if a gimmick or not, but advertising very low fixed ...
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I am thinking of selling a property that I have held almost 5 years. The buyer has offered an amount close to what I want. Can I do a contract where he pays that amount to a qualified 1031 intermediary and for the r...
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My question is regarding reinvesting profits back into additional property acquisition. If the money stays in the LLC does it still get reported as income that I will need to claim on my personal income tax? Sorry ...
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Wholesalers and turn key providers are facing a common dilemma. The usual channels for finding opportunities got crowded, and then got thin. Inventory is very tight, and at the same time, demand for performing investm...
Hello,I was wondering if using part of proceeds from sale of original property to payoff mortgage on that property can be accounted for on form 8824? Say you sell investment property A for 100,000 and you have 20,000 ...
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hi all! i was hoping to bounce some ideas/get advice on an exit strategy / retirement planning / DST. i apologize if i jump around since there's so much running in my head. anyway, so a little about me: i'm going to...
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I am very interested in getting in to the crowdfunding space, in particular equity deals, however it seems like most of the main portals are still only working with accredited investors. Anybody hear anything about c...
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I have a parcel that has a house plus some adjacent vacant land that I have owned less than a year. I subdivided and now have separate offers on the house and on the residual vacant land. The sale of the vacant land...
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so I want to do my first 1031 exchange. I have a 2 bedroom SFH that I have paid off and is worth between 92-105k. It is only making me about $625 a month after taxes and insurance. So it's a very low performing invest...
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Does anyone understand the rules of a 1031 exchange?
Is it true the acquired property's purchase price must be higher than the net sales of the exchanged property?
If a property swap occurs of different...