Meghan Begue
Helloooo Bigger Pockets!!
14 November 2024 | 12 replies
We frequently have national speakers who join the fray and give their valuable insights into today's market and how to strategize to find success!
Melanie Baldridge
What is recapture?
14 November 2024 | 10 replies
When you go to sell, you're subject to tax on the amount of profit between your adjusted basis and sale price, not your purchase vs sale price.Recapture is NOT repaying the depreciation.
Sandra DeJesus
HUD is requesting partial claim after closing on my house in 2015
16 November 2024 | 24 replies
I frequently speak with folks who are finding out that:A: They have a partial claimB: The partial claim amount is astronomically higher than expectedC: HUD failed to record their lien (not as common as A and B) and then was forced to pursue the homeowner after a saleSince FHA has been basically pushing everyone they can into a loan mod per "Covid mortgage rescue" plans, these will be an ongoing issue for many years to come.
Jeremy Hartwig
Need help with property value
15 November 2024 | 13 replies
Commercial value is frequently (but not always) calculated by income.
Michael Dallas
!st Private Lending Deal
16 November 2024 | 14 replies
@Michael Dallasyou're saying you're going to 'assume' the loan, but it's likely not assumable, so are you taking it over subject to?
Gloria C.
Investment property burned down.....
15 November 2024 | 7 replies
Any amount over your adjusted basis in the property (initial cost minus depreciation) could be subject to capital gains tax unless you reinvest it strategically.2. 1033 Exchange (Involuntary Conversion): A 1033 exchange (involuntary conversion) is specifically designed for situations like fire, natural disasters, or eminent domain.
Arron Paulino
How do Subject To Offers work for the seller?
7 November 2024 | 21 replies
Does someone mind explaining subject to offers?
Gloria C.
Exchange (1031/1033) expert on.Bigger Pockets?
14 November 2024 | 3 replies
I know there's someone who is an expert here on this subject.
Jean G.
How much to bid on commercial NPNs (past maturity)
17 November 2024 | 5 replies
When the courts finally hear of the debtors plan, 9 - 12 months after initial BK filing, the debtor claims subject property is worth less than the amount owed.
Leon Lee
MTR vs. STR
13 November 2024 | 8 replies
While MTRs might not match STR revenue directly, they’re more predictable with less frequent turnover, which can balance out in the long run.