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When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
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Brand new to BP and looking actively in Las Vegas for our first investment income property, buy and hold is my strategy. When we came just two months ago, bidding wars were still a thing. Now realtors are telling us t...
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Working on a house flip, but have a bit of a concern. A wholesaler sold me the house-half of a double lot. Typical strategy, they hold and sell the empty lot separately, I didn't have a problem with it, as I got a g...
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I'm in Memphis and typically look for wholesale deals. I came across a deal too thin to wholesale but I think it would make a great Subject To (sub2) deal.The current owner owes almost $50K, the house is worth around...
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Just Kidding. Today I went to his free seminar, where they spend 2 hours trying to get you to buy their 3 day course for only $5885. But wait, if you register today, you'll get in for only $1685. Kinda reminds me of @...
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I've heard a bunch of insurance horror stories lately, so I just wanted to see if people had experience/opinions on NREIG. I like the fact that they're clearly investor friendly, but I just want to make sure their ser...
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I've owned my primary home in Charlotte, NC, for seven years using an FHA loan this June. I want to use the new 5% conventional on a four-plex unit-to-house hack (MTR strategy) in Cincinnati, OH. Can I utilize this st...
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Hello Everyone. I am looking at working with my first wholesaler to acquire a property (by way of a tip sent to me by a friend on fb). The wholesaler's page is general directed towards RE. The wholesaler is requesting...
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I have been reading posts about NNN, but never see any discussion on pros and cons of buying NNN properties that are leased to commercial banks. Right now I am looking at a commercial property rented to a big commerci...
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Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...