Anthony Bright
How to refinance on a property in Wilmington Delaware?
Recently just did a total rehab and debating on selling it or pulling equity out?
Kunal Sarin
BRRR Question on investment property
Hey guys - Looking to buy a property in the Chicagoland area. Nice 4 bedroom 2.5 bath with a full basement, attached 2 car garage. Looking to implement the BRRR strategy for this one. Based on my numbers (acquisition,...
Mark B.
1031 exchange for a purchase of a Mobile Home Park
I am selling a SFR Rental that I have had for 10years. Bought it for 200K, can sell it for 250K. I am buying a Mobile Home Park For 155K. I would like to transfer the SFR into a LLC before I sell it. Then when I buy t...
Michael Plaks
Sch C reporting of installment sales for residential lot dealers
I usually answer, but now is my turn to ask.Dealers of residential lots are allowed to use installment sale method. If said dealer operates as an S-corp or partnership - reporting is fairly straightforward. But what i...
Keith Schulz
Hold or Sell???
I own a duplex in a small town in Wisconsin (30 miles west of Madison). I bought it and owner occupied it for 2 years, and then moved back into Madison. In any case, I've been debating doing a condo conversion and s...
Shera Gregory
Partnering with contractor to better use SDIRA funds
I want to be able to do a rehab/flip with my $43k Roth IRA that is in an LLC. The problem I see is that I can't be sure how much the rehab will really cost and it is not likely that I can find a non-recourse loan.
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N/A N/A
Hello, starting out need advice
Hello everyone, ive learned alot about RE investing i went to seminars and read books and alot of stuff, im readdy to do it but im not sure where to start, i need a good advice on where i can start and make some cash ...
Rufus Lawhorn
Mortgage holders deceased and heirs have no will
Good day all!I found a property where the couple that held the mortgage are deceased. They had about 5 kids and one of the sons currently occupies the property and is extremely willing to work on my behalf with the lo...
Mindy Jensen
Does inheritance count for 1031 Exchange?
A friend inherited his grandmother's property through his mother's estate. He'd like to sell in the Spring and is asking about a 1031.I think since it is inherited, the cost basis is reset to today's value, and he can...
Bruce Weyer
Tax benefits for owning rental property
Just curious as to exactly how owning a rental property can lower my AGI (adjusted gross income)? I have heard that I can take the following:depreciation, but doesn't this just lower my net income for the property? wh...