how do i determine FMV of a duplex?
So I'm about to sell my primary residence, if the profit is roughly 450,000, and I am eligible for $250,000 capital gains exemption, it means that I will be paying capital gains on the remaining $200,000.My question i...
I’m selling a property right now for a long-term capital gain of ~$55,000. Am I correct in understanding that my 2019 long-term capital gains will be 0% up to $39,375 and my standard deduction (single) of $12,200 mea...
Can you do a 1031 on a primary that is paid for? I am a new investor looking at all of my options as I plan to purchase within next 3-6 months.Thanks for everyone's help with my questions. This is an amazing community...
When analyzing properties to fix and flip, how do you determine desired profit? Do you use a %, monthly return on investment, overall return on investment? What is a reasonable/typical profit % or return on cash inv...
Good evening,I have found an investor which owns about 30 properties in a town that I have been looking for duplex in. He has offered seller financing but I think Id much rather tie up a good interest rate and I also ...
Well today we finally closed on our first deal as REI. This deal worked out between my wife's LLC and my friend and partner who is the contractor rehabbing the home. I will send before and after photos on this thre...
Hello BP Members, and thank you in advance.Question:Is the ROI section on the Flip Calc broken? The analysis below via the link has the following numbers:Purchase Costs: $109,500Rehab Costs: $54,000Holding Costs: $5,8...
Investment Info:
Single-family residence fix & flip investment in Toledo.
Purchase price: $37,631
Cash invested: $17,960
Sale price: $80,000
Single family home in West Toledo, OH. 3 BR, 1 ba...
We have several properties we are looking at purchasing but was unsure of where the seller got their ARV #'s - when I asked she said they just use 70% of the retail value to calculate the ARV. What are thoughts on ho...