Greetings. I have been searching the forums and still have questions regarding my situation. 1) I own two one bedroom apartments in Minn that are in *my name with my wife* that we are in the process of selling to do a...
A cost segregation study is an engineering study that allows you to depreciate a significant amount of your real estate purchase price up front by breaking down the building into structural components which are expens...
Here it is, I have been wanting to get into real estate for some time. After a positive test for COVID, I qualify for the retirement loan withdrawal. Also, I work in the aerospace industry and have a strong potentia...
I am selling a rental property in Virginia and am deciding whether to cash out or to defer capital gains of around $220,000. This is the first time selling a rental property where I will have to pay capital gains. I a...
So I made a mistake.We sold a rental property and I assumed that we had to do 1031 exchange to avoid capital gains tax. My bad. I didn't double check for exceptions.$850 later, thinking I was so smart for doing 1031, ...
I am looking at two REITs in SO CA, and I've noticed their price/earnings ratio is rather high. One is BRE, the ratio is 42.94, and the other is essex, their ratio is 69.33. I understand that a more typical ratio woul...
Hi All. Has anyone purchased real estate from a non profit organization?
How difficult was it? Did the house have to be appraised? I'm assuming the board had to agree to the sale?
On MLS, on property description it states
Buyer Pays Transfer Tax. Rehab or Cash offers
What does it mean to "buyer pays transfer tax and Rehab offer? How do you get a rehab offer?
I'm pretty sure cash offer woul...
I came across someone that raises money for a deal, offering 50% of the profits to the cash investor. However, if there is a loss, it is the cash investor that absorbs the loss.
Frankly, I think that's a har...
I"ll start off by letting you members know that I have no idea what I'm doing, I've just done reading in the past on this website and have looked at wholesaling.
I'm going to write out a scenario that I'm...