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15 January 2025 | 8 replies
True re the prior poster, re this helping the seller save their credit, if you buy sub-to you will dramatically raise their FICO since the mortgage will show on-time payments.
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19 January 2025 | 354 replies
@Chris Seveney, do you pay self-employment taxes on your interest income from money you have in savings that is also taxed as ordinary income?
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20 January 2025 | 17 replies
experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!
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8 January 2025 | 14 replies
Has any BP member ever been saved by their LLC?
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22 January 2025 | 5 replies
From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.
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12 January 2025 | 28 replies
This might make sense, but again, you are just deferring the taxes and now pushing tax from capital gains to ordinary income.
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14 January 2025 | 15 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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24 January 2025 | 11 replies
From podcasts to forums, you’ve all helped me learn, save, and build the confidence to take this step.That said, I’m reaching out to ask for advice.
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24 January 2025 | 5 replies
What are the tax ramifications of a sale, if any?
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13 January 2025 | 2 replies
He likely needs to stay where he is, save up money for a downpayment on his own, and buy when HE is ready.He's not ready.