Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
John Jones
Filing for Depreciation will be a costly mistake for me atm? 24h
Hello. In trying to help my mom after my dad passed away Christmas, I
rented my place out. Having never done this, and rushed by the
deadline to file taxes, I'm confused on some points. On advise pages
it's s...
Frank Adams
How do I find properties banks want to unload?
I can't believe this is as simple as going into my bank and asking so what's the best way to find bank properties?
Ankur M.
Analyzing a commercial property
Hello,I am analyzing a commercial property shopping center to look into going in with a partner. They property is currently set at $850k and 100% occupied with long term leases. The net income at $82k. Looks like the ...
Scott French
Equity Sale instead of Asset Sale
Has anyone ever done an equity sale when selling an investment property? I would like to sell the entire company that owns an apartment building, to an investor that I know. the advantages to the buyer may include ste...
Todd Powell
Question: Can you take two different LLC names and do 1031?
Here are the specifics. I have ownership with my wife and older son and his wife, all 25% each as members in two different properties. One is a 5 plex, Powell Properties Milton St, LLC and another 8 plex, Powell Prope...
Alyssa Teepen
Cash out refinance clarification
I recently took out a HELOC on my primary mortgage and have used this to purchase a home for 32,000 with rehab cost of 150,000 and ARV of 220k. The goal, initially, was to sell this property, however we would really l...
Jay Hinrichs
latest identity theft and property scam and how to protect yourself
some good info here on protecting yourself from scammers especially all the folks on BP that own properties in different states you are a target. From the DRE of CA I got this advisory this morning.Law enforcement age...
Craig Garrow
Need some guidance!
I had what sounds like it could be a pretty unique opportunity come up yesterday, and I’d like to see if I could get a little feedback!
I just spoke to an investor that has two commercial buildings here in town. One...
Denise Métoyer
What would you do with 10K?
What would you do if you had only $10 K cash to invest any way that you like? Would you use it to start a marketing campaign, purchase a home with a low down payment, or come up with some other creative way to get the...