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I have a question regarding a 1031 exchange. I just purchased my first flip and should make a nice return on it. My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds...
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My wife and I own 2 rental properties in Colorado that we are working on getting into LLCs for asset protection purposes. I also have a single member LLC for work. We have a Wyoming LLC owned 50/50 between the two of ...
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I recently went to a creative financing meeting and got very inspired with what we spoke about. One of the topics covered was master lease options, or sandwich lease, and as he was doing a demo on how to pitch it. ...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
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I'm looking into purchasing a Tax Deed(s) in metro Atlanta, Georgia. Tuesday I'll go to bid on a couple of them. My questions are:- When a property is in pre-foreclosure, would you expect the bank to redeem? Early ...
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I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...
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Hi everyone,First of all, thanks for anyone who shares their advice.My current situation is this, I own a home in Portland, Oregon for the past 4 years. I bought the house at 191,000 and it has appreciated about 10% p...
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"Deal of the Century"
That is how this property that I am interested is being marketed. Somehow I doubt it. Quotes like that are a big turn of...