Two questions - can there be circumstances where a 1031 is a bad idea? And. Did anyone chose just not to do a 1031. And give the reasons.
Hello team,I wanted to see if anyone had a great recommendation for a tax accountant that focuses on real estate and broader tax planning? My questions are a bit specific as they are related to the following topics:- ...
My wife and I bought our first apartment in Springfield, MO last winter and the biggest headache we've had with the property is the dumpster. It's turned into the community dumpster and people (non-residents) keep lea...
newbie here trying to gain as much knowledge as I can. so if a home is in pre foreclosure, what are some strategies you can approach it with? what are questions you could ask the owner of the property? what is the bes...
Hello to my lovely investors, happy Monday!I've been wholesaling for a few months now and my main exit strategy has been through retail buyers. With the market shifting and our current economic standing, I'd like to f...
A multi-part question answers or insights to which are much-appreciated ...Part 1: Deductibility of ExpensesAre ANY typically-allowable [write-off] expenses and/or capitalized/amortized expenses in a taxable context (...
Hello, I am analyzing properties daily on the MLS and finding out what I would reasonably pay for them based off of the rents/comps etc. Most of the figures that I am coming up with are $20-$30K lower than the list pr...
I posted this in another thread too, but I wanted to get some help from the community on this one. I am starting with a hunch at the highest possible level: - Urban office has been decimated and has a huge pile of vac...
Hey folks, I'm eager to learn from everyone! Here's the scenario... I'm looking at a property at an online auction. The county clerk mentioned I could schedule a time to look at it to do an appraisal. At this point I'...
So it is understood that some properties will not BRRRR even if there is a higher equity position due to the rent not being able to cover the payments etc. on the news loan. There are some properties that could fit th...