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1 October 2024 | 15 replies
I talked with our CPA about doing a partial disposition but he thinks that "the insurance proceeds won't be taxable assuming all the money was put back into the property" and the "partial disposition is probably less favorable than doing a direct offset and just not putting new assets into service".I understand the first part ("the insurance proceeds won't be taxable"), but I disagree with not doing the partial disposition.
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2 October 2024 | 3 replies
stuff like that all advice is greatly appreciated
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1 October 2024 | 8 replies
Hi, I came across an interesting multifamily deal for all cash.It's a 11 unit multifamily apartment in new Mexico.
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1 October 2024 | 6 replies
All of the other options, I highly recommend talking to an attorney.
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1 October 2024 | 7 replies
They scout all sources and hope to reach a seller who have not added 5% to cover the commission.
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1 October 2024 | 9 replies
If the private investor is going to fund cash all the deal, most of time the investor would be offered a fixed interest rate or percentage of profit.
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1 October 2024 | 0 replies
I'm new to BP and trying to build a team as I dive into more frequent and long-term profitable REI.I've been doing SFH rentals over the last 15-18 years, but it's all been very traditionally financed (ho hum, 30 yr fixed) and as such has limited my ability to invest more frequently, and grow a portfolio.I'm here to learn how to use more creative financing strategies (private money lending, Sub-to, seller financing) to acquire 2-3 units (duplexes, tri) and 5+ multifamily properties.
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1 October 2024 | 5 replies
Hello everyone, first off I want to say thank you to BiggerPockets and all of the podcast guests who have made an impression on me and educated me in so many ways.
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1 October 2024 | 9 replies
Thank you all kindly!