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?
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $150,000
Cash invested: $182,000
BRRRR SFH and fourplex, five total doors.
Purchase price: $150,000
Rehab/ ...
Hello!
I'm in Detroit, Mi and I'm trying to figure out the best way to build a buyers list. I am new to investing and I'm thinking building a buyers list before getting deals will be most beneficial when it comes t...
Hi All - I've agreed to terms on a property for purchase in the Dallas Fort Worth market and looking for financing of roughly 65% LTV, 10-year term, 20-year amortization. The purchase price is $1,540,000 and an 8% cap...
Hey BP!! I am trying to get into a deal right now as a newbie but need some advice/suggestions from all you experienced members, I would really appreciate it please. I am in talks with my landlords right now to buy th...
Investment Info:
Single-family residence wholesale investment in West Palm Beach.
Purchase price: $154,000
Sale price: $185,000
Contributors:
Peter Vekselman
Partner Driven, in collab...
Good afternoon BP. My father wants to sell me his primary residence and move in with my sister. He is 64 yrs old. He collects social security and has a part time job. The Property is worth around $425,000. He wants to...
During an inspections of a potential SFR this morning, it was discovered (and afterwards confirmed by the seller) that the entirety of the plumbing is polybutylene; to make matters worse, there are two known leaks bel...
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...
Hello everyone. I wanted to ask for some help with my Excel sheet I created. I downloaded a few spreadsheets and most of them seem so complicated so I decided to build my own with the basic necessities for MFR. I know...