30 May 2021 | 3 replies
Hey all,Looking for creative ways to sell assets and offset/reduce capital gains without doing a 1031 exchange.Background:I have a sale occurring for a bunch of condos I own which will be subject to long term capital gains, I’ve also just completed a new construction duplex that I am selling, originally purchased the land almost two years ago.
17 May 2021 | 5 replies
I am currently exploring private lending and seller financing options but in the event these options don't work out what other creative financing options should I look into?
14 May 2021 | 1 reply
Hi all I am considering exiting a duplex soon and wanted to reach out to the community and ask what are some things I should l be prepared for in the selling process and what steps I should take to maximize my return.
14 May 2021 | 5 replies
The agent orders a title commitment from the underwriter and prepares the closing docs and emails them to the various parties, i.e. closing statements, deed to be signed, affidavits, wiring instructions.
14 May 2021 | 3 replies
I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.
21 May 2021 | 4 replies
We think one needs to be very creative in this market in order to get any deals and reduce the risk going forward.
18 May 2021 | 3 replies
@Paul BegichCongratulations on a creative solution.
14 May 2021 | 1 reply
**Property: ARV: $90K ( being safe there was 1 comp that should for $98K and 1 pending for $95K) **Repairs: She explained a bunch of minor things that could be $10K-$15K ( all mechanics have been update and roof within 7 years) The pictures she sent home is definitely livable **This property can rent for $1050/ month **Mortgage Amount $63000*Monthly Mortgage payment $696 Im curious to hear the creative strategies as the cash offer just doesn't make sense here but I want to explore all options
17 May 2021 | 1 reply
For example, connecting with a realtor to assist with structuring the deal, or leaning on another professional to prepare paperwork..
30 May 2021 | 4 replies
But it might be even nicer if they could delay that and benefit from the tax while at the same time preparing to pass it on to you tax free.