Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Mike Dawson Dissolve LLC or change name?
30 September 2024 | 4 replies
By changing the name, you retain the benefits of your existing LLC, including the D&B account, bank account, and business credit card.
Janelle K. Eagle Flipped an Old Victorian in Two Years - And Why I Will Never Do It Again.
2 October 2024 | 4 replies
Alas - I learned every step of the way about ordering materials, working with contractors, scheduling, insurance issues, etc.
Christopher Hile Law firm needed for unlicensed contractor case in Florida
30 September 2024 | 1 reply
I have spoken to a couple of attorneys but they all want retainers of $10-20K, which if I was guaranteed a settlement I would gladly pay, but I understand that is not how it works. 
Edward Wylie Question for Fix and Flippers and Hoarder Homes
4 October 2024 | 17 replies
Before entering, it's important to wear protective gear like gloves, masks, and sturdy shoes to protect against hazardous materials, such as mold, sharp objects, or biohazards like needles.
Jimmy Jarjour House Hacking in San Francisco
4 October 2024 | 27 replies
I am not necessarily scared of the age, but more so weary of the cap ex age and building materials.
Greg Moore Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
He released another video yesterday talking about raw materials, EFTs, stocks, physical gold, and mentioned a few other things.
Joshua Julian First Deal Analysis on Gutted Property: Seeking Feedback on Rehab & Cost Estimates
1 October 2024 | 1 reply
Additionally, I have access to cabinets, doors, and other materials through trades with a friend and uncle who own 100+ doors between them, but still budgeted funds for replacements if they can't offer some. 
Liliana Gala Funding first flip
3 October 2024 | 15 replies
with the market flat, contractors booked up, materials expensive and tremendous competition for deals it is very, very difficult for a new investor at this time.i've used hard money and also bought with cash and then financed the rehab.
Austin Snyder Land Contract/Agreement for Deed instead of Novation for quick Flip
29 September 2024 | 8 replies
The seller retains legal title until the contract is fulfilled.Advantages:Lower Upfront Costs: You can avoid closing costs typically associated with formal closings.Control: You can take control of the property to make repairs and sell it while leaving the original financing in place.More Flexibility: Compared to a novation, a land contract offers you more control over the property since you hold equitable interest.Risks:Seller’s Cooperation: The seller retains legal title, which can complicate things if they change their mind or their financial situation worsens.Resale Issues: FHA buyers may require the deed to be in your name for 90 days before they can purchase, which could slow down your resale plans.Subject-To FinancingHow It Works: In a subject-to deal, you take title to the property while the seller’s existing mortgage stays in place.
Dennis McHugh Real estate professional tax question
30 September 2024 | 11 replies
I have not heard of an extension as of yet.Your 100 hours is related to material participation for STR not the real estate professional status, they are two separate items but in a way can be connected (kinda).I'm not sure what you mean by "sell it for no bonus depreciation recapture" because you are required to take depreciation, if you don't the IRS should calculate your tax as if you did.Your head is in the right place and I wish you luck but would highly recommend consulting with a tax professional before proceeding if this is your plan.Best of luck Dennis!