Grant Ancelet
Tax deferring question
if I flip a house and make 50k.... then I reinvest that 50k in another flip... I understand I don't pay taxes on that 50k... but what if I reinvest to buy another property then mortgage the house right away and take o...
Anna Howe
Help! Should I rent or sell my house
My husband and I are moving to Ohio later this year for a masters degree. The house we live in has a 15 yr fixed mortgage of $1,600 at 4.1 interest but it is only 2 bed 1 bath just under 1,000 sq ft. I truly do not kn...
Layla Rahm
Continue renting or sell - need advice
Hello. I own a property in Atlanta that I purchased as a foreclosure in 2008 for 340k. I completely renovated it and spent about 60k on it. The two mortgages on the property are $2400 total (of which $350 is principal...
Tommy Ostendorf
Transfer Ownership to Child After 1031 Exchange
A family recently sold a duplex and purchased a new duplex using a 1031 exchange. They would like to transfer ownership of this new duplex to their son. Would this affect the validity of the 1031 exchange and theref...
Fernando Martínez
Which would be best; LLC or S Corporation
Greetings,
Looking to open up a LLC or S Corp in Texas.
Not sure which one would be the best for holding real estate in. I would be doing the BRRRR strategy, buy and hold, ground up construction, having my notary s...
Navin Kumar
Frisco, TX 75035 property thoughts
SF, 2004 built, remodeled completing in 2016, 2570 sq ft, 4 Bed, 3.5 bath plus study for 345K. Exact location near coit and main Good deal or bad deal ?
Jake Silcott
Types of insurance?
Hi everyone, can anyone shed some light on when different types of insurance are appropriate? For example, are the following types of insurance necessary for rehab projects, buy and hold properties, LLC protection,...
Rich Silva
40 Acres raw land in California
Investment Info:
Other buy & hold investment.
Purchase price: $89,000
Cash invested: $89,000
40 Acres Land. purchased for hold. Road installed and cleared. Well added. Current value aproximately ...
Pablo Pereyra
What to do with an off market property on the outskirts of Kansas City?
What would you do with a $100k vacant property that rents for $1,200 a month?Hold onto it?Sell it?Wholesale it?These clients don't quite know what to do, so I figured I would ask the forum for advice?Appreciate the fe...
Wendell De Guzman
Rehab Houses During The Fall? Not SCARED of the Long Winter?
The question is:Do you still acquire properties in the fall, rehab and hold them over the winter and sell at spring time...or do you change your strategy completely (no rehabs during the fall and focus on wholesaling,...