Animesh Das
How sell condo to a friend, without any commissions
2 September 2018 | 3 replies
I just hired a escrow company, buyer and me settled on price and terms, and escrow company took care of everything.
Kim Heinrich
Good areas to buy and hold??
25 June 2018 | 8 replies
Care to share more of that criteria list?
Nahal Beckam
How can I avoid renting to roommates in Califronia?
20 June 2018 | 11 replies
I'm the oldest; the others are in their mid-20s.We take care of the place, keep things quiet, and pay the bills on time.
April Friedl
Newbie...what to do with my old house?
21 June 2018 | 7 replies
We were very careful to disclose EVERYTHING with the buyer so that they were going in eyes wide-opened.
Donovan Lietch
Tax Consequences of Paying out investors
12 November 2018 | 7 replies
A flip is a business, so it is subject to ordinary income tax.The IRS does not care if you buy a house, improve it and resell it or you buy bread, mustard and lunch meat and make sandwiches - to them it is the exact same business model.You can search the vast number of writings I've done on this subject on Bigger Pockets.I agree with your CPA in all aspects and here is why.Running it through an LLC: If this project comes in at a loss, how is your investor going to prove out their share of a loss or report it?
Cammeron Williams
So you decided you wanted to invest...
5 July 2018 | 8 replies
Stay focused, learn, and take care of your personal finances!
John Warren
Tax DEEDS (not liens)? Possible bank foreclosure? IRS? Quitclaim?
25 June 2018 | 14 replies
They are usually happy to get a little bit of cash instead or worrying about Mom's old house that no one wanted or wants to take care of anymore.
Account Closed
Do you allow haggling on your rent?
20 June 2018 | 18 replies
That’s below all the other houses that honestly the owners didn’t take care of or update.
Judd Campbell
Early Withdrawal from Solo 401k my only option?
20 June 2018 | 9 replies
That is in the range of an allowable “gift”.
Darlene S.
Selling Property with remaining mortgage that is in an LLC.
20 June 2018 | 4 replies
The mortgage company doesn't care as long as their lein gets paid off correctly, as it should if you are using a reputable title company.The 1031 exchange is a totally different issue.