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I'm curious as to how you go about judging the price of a duplex and/or small multifamily. I'm looking at a property that has an on market price of around 230k. The Zillow estimate( I know, I know), says it's worth 1...
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I have a client that sold his land and would like to use his 1031 exchange to buy his mothers land. She bought it less than a year ago in September. Is there a way we can work around her paying capital gains?
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I never thought I'd buy an investment property in Seattle due to the crazy market, crazy laws, and the 0.5% rule (or less) here, but a deal kind of fell into my lap this week. I'm a newbie when it comes to rentals, b...
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Not sure if this is a 1031 exchange question or better suited for another forum:If I sell a rental property and, in turn, use the profits from that sale to pay a GC to rehab a 4-unit property I purchased in February a...
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I just grabbed the tax delinquent property list for my county and I am considering doing a direct mailing campaign to the property owners. However, I have a couple questions about due diligence. First, if an owner get...
My realtor sent me a foreclosure that hit the market this morning. He told me there are several showings scheduled today so I'm hoping to take a peek at it as well.Bank of America, asking 69,900.I'm thinking of borrow...
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I am considering working with a property developer in NJ to buy land, build a duplex/triplex and sell it (6-9 month time horizon). Is there any creative way to avoid/reduce capital gains tax on the sale ? From what I...
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During the earlier days of covid my family home was bought in tax sale. What are my possible option to not lose the property. Any ideas are much appreciated thank you.
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I have a potential deal that the owner owns the house but still owes the Lot.Seller has agreed to pay taxes that are due and also pay off the lot when He gets cashed out.How would the purchase and sale agreement would...
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We own a Defaulted 1st lien DOT & Note on an income producing apartment building that is currently bringing in about $11K GROSS income per month. The property is GREAT shape and was renovated within the last sever...