Unique situation - need advice. Seller was facing imminent foreclosure due to unpaid property taxes. She signed a purchase contract for $75K with closing within 30 days. Title company started title search and while...
I am considering possibly starting my investment portfolio in Guayaquil, Ecuador. Housing and labor is cheaper there, which will allow me to start investing relatively quickly. My in laws live there and I trust them t...
hi,I opened a business in the USA in 2017 to sell fishing trips to the Brazilian Amazon intermediating the best outfitters. With company's profit invest in real estate in the USA.We were starting to move on when the w...
Tax implications of selling a long term rental property that has appreciated and been leveraged.Hoping to better understand my current situation, appreciate any insight.I have a home that I purchased in 2012 for 32k. ...
So I started looking for some brokerages to hang my license. I found a few that I originally thought were worth interviewing with. It turns out, their objective is very similar to a used car salesman.
I'm not too up...
I am considering selling my duplex in SoCal and taking that money out of CA. I nearly break even on the rent/mortgage but if I am able to escape CA on a 1031, I could potentially be positive cash flowing in the $1500-...
Hi All.I'm curious as to whether anyone has heard of this group and what you've heard/experienced.They seem to have an interesting model, and I am thinking of signing up. They are offering a 24 month education and me...
I have yet to experience depreciation recapture, since none of the syndications I participate in have exited.My question is this. I have had paper passive losses on all K-1s filed with no passive gains to offset(I’m a...
I am confused. I just started learning how to underwrite commercial real estate deals. The property that I was interested in last sold in 2019 for 2.5M and the property taxes have stayed relatively the same since. How...
All,My uncle was recently thinking of selling one of his properties in a thriving market in Indianapolis. Instead of taking the normal route, I convinced him to sell it to me on contract. We are still working out ter...