Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
You may want to research the term ' Debt Financed Distribution' Which does have a tax implication for the investors receiving a distribution.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
Sharing this idea in case others can comment on it.I agree, the US is more friendly about receiving investments from foreignors.You are planning to move back to Spain?
Tim Wiesemann
2025 Goal To Start Using BP
19 January 2025 | 4 replies
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
Anthony Blake
Advice on Next Moves After Buying LTR
21 January 2025 | 2 replies
I would suggest getting another full-time job for the time being and investing/doing STR on the side until you can fully and comfortably replace the income that you would be receiving from your job.Is your LTR in need of repair?
Miguel Garcia
Out of state investing
14 January 2025 | 5 replies
You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
The "due on sale" clause (DoSC) obligates the seller to notify the lender if the property is sold.Failing to do so would place the seller in violation of this agreement, giving the lender the right to accelerate the loan.But no laws are being broken here.So, subto is neither legal nor illegal.Second, it only works because most lenders are more interested in receiving payments than in invoking the DoSC clause and foreclosing on the property.But, it can work, provided seller and buyer are both on board and the proper process is followed.
Kevin Brown
Best Accounting Software
3 February 2025 | 8 replies
One of its standout features is the ability to directly link your Airbnb account, as well as the bank accounts you use to receive rental income and pay expenses.Another feature I really appreciate is Baselane’s built-in banking option.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
Here is a link to it: https://www.reddit.com/r/RealEstate/comments/sz6udf/who_has_...Also, I received an email to review them so I clicked on their Google Reviews and saw that they had 4.8 Stars.
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
Additionally, most servicers will provide the tax documents needed at end of year (1099-INT, 1098-INT) and can also issue notices of NSF, late payments and support delinquency /default.
Chris Hains
Need A House Flipping Spreadsheet
28 January 2025 | 12 replies
And the owner is very responsive to questions or issues (emailed him at night and received a reply within a few hours).