Hi, I have a rental Condo in Miami Fl, in the popular Brickell area. The condo was purchased in 2009 and it is currently rented but below market, because it was rented before rents skyrocketed in the past couple of mo...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $625,000
Cash invested: $133,000
This home was David Weekly model home. I first bought it and leased back to the bu...
Hello,If you have a property with good cash flow (12% CoC) and also good "unrealized" appreciation (if sell now, after-tax gain is worth about 10 years of cash flow). Would you sell it to realize gain now if you think...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $70,500
Cash invested: $1,500
Sale price: $86,743
This deal I bought with the intention of flipping. It came w...
Hi all, We moved to Tampa Bay area about a year ago (St Petersburg, FL). We are in the process of doing a 1031 exchange on 2 out of state properties and looking to buy investment properties here locally. We currently ...
If you had the choice to pull equity (cash) out of rental properties and put the cash into your personal home, would you do it? We are looking to purchase more properties and the terms on the HELOC for an investment p...
Hi all, I want to get out of the real estate game and do a 1031 exchange to roll my equity into a home that I will eventually live in after the 2-year required rental period. Besides hiring a realtor to do a tradition...
Salutations, I'm 19 years old and getting my feet wet in investing into real estate. What steps should I take to aquire my first multi family property (duplex,triplex,etc). I have some money saved up but not that much ?
I recently did a 1031 exchange. My CPA says I have a mortgage boot situation, but I would like to double check with the experts in this Forum.Here are the numbers for Relinquished property:Adjusted Cost Price: $354KSe...
I don't think my tax advisor is claiming depreciation for two rental properties and I'm looking for some help from the BP community. I did a 1031 exchange in early 2022 from a single vacation rental I had into two DS...