Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $300,000
Cash invested: $75,000
Live in fix and flip of a demolition house on a quarter acre in the path of progress i...
We are approaching allowable IRA distribution age and have multiple rental properties all with taxable cap gains and no mortgages
We have taken a second rental as primary residence now but why sell at this point in ...
Hello,
I flipped a home under my LLC over the past 5 months. I then took proceeds/profit made from the flip and invested it into another flip home. Would this qualify for a 1031 exchange and is there anything I shoul...
Hi, I placed a bid on a shortsale. The mortgage is by TFC. My agent told me this bank does not give a dime for relocation. I feel bad for the seller for she was expecting $10,000 to move out. Well, I also feel ba...
I'm in the St. Louis market and have some contracts that I have downloaded from numerous sites that I just don't fully understand. I hate the seller to ask me question about my own contract and have me not be able to ...
Hey everyone! Lets say someone is wanting to provide investors with wholesale deals, while also offering the next steps in the process such as contracting the rehab work to get done, overseeing the competion of the re...
I had someone call me over a week ago (very motivated) needs to sell her deceased grandmother's condo. It's 55+ Approx ARV is $55k. There is a pending in the $70s across the street, same development. Only it is an al...
How do the gains made by opportunity funds get taxed? Do they also have major incentives tied to the gains you claim for having invested in them?
I am working on getting my first house under contract and after viewing the house im not sure if it’s a good deal or not. Here are the numbers Arv = 200,000 to 230,000Repairs = Total gut and rehab. My estimate was 70,...
I would like to purchase my first investment property early next year. Targeting either a single family or small multifamily to implement the BRRRR strategy. After chatting with a friend (who is also my CPA), he ment...