![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2394873/small_1709663302-avatar-thomasw412.jpg?twic=v1/output=image&v=2)
6 March 2024 | 8 replies
I made 120k in equity last year with the sale of the houses but because of how stupidly our business was set up, Our tax guy suggested my partners give me most of my equity as a gift because we didn't want to get taxed on it twice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/632589/small_1689953711-avatar-1cleverinvestor.jpg?twic=v1/output=image&v=2)
6 March 2024 | 9 replies
You can try to use their taxes for verification but it is still difficult, CAP rates will not reflect tenants that need to be evicted.Hopefully, this has been helpful in providing some additional aspects that are unique to CAP Rates and Mobile Home Parks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2962252/small_1709333886-avatar-briannaf21.jpg?twic=v1/output=image&v=2)
4 March 2024 | 8 replies
is dropping one property due to too many claims in a short period.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2965499/small_1709683914-avatar-marcusg200.jpg?twic=v1/output=image&v=2)
6 March 2024 | 0 replies
Once again, we find another recession indicator flashing red.Given the multitude of economic crosscurrents, it’s crucial to seek the best assistance available to mitigate taxes, and manage expenses to navigate through potentially turbulent times.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2755559/small_1700681802-avatar-erich816.jpg?twic=v1/output=image&v=2)
6 March 2024 | 13 replies
No personal income docs or taxes needed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2964035/small_1709518354-avatar-joshuav146.jpg?twic=v1/output=image&v=2)
5 March 2024 | 10 replies
So, it will be taxed as ordinary income.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1654298/small_1621514517-avatar-alexanders163.jpg?twic=v1/output=image&v=2)
6 March 2024 | 2 replies
A staggering 86% of households earning under $25K spend over half their income on rent, highlighting the acute affordability crisis.Urgent calls for policy intervention, including incentives for housing production like the potential reintroduction of the 421-a tax abatement, are echoing through the city as leaders grapple with the severity of the housing shortage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/293985/small_1621442284-avatar-skydiva.jpg?twic=v1/output=image&v=2)
4 March 2024 | 6 replies
It sat vacant for 2 years while being fixed due to a small kitchen fire and the need to seek a public claim adjuster.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2338890/small_1652207939-avatar-benjaminf117.jpg?twic=v1/output=image&v=2)
6 March 2024 | 7 replies
If you are looking to use your W-2 and tax returns to qualify, you would be using a conventional loan, which typically don't allow LLC vesting (unless you transfer the deed later).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/154042/small_1621419842-avatar-socobroker.jpg?twic=v1/output=image&v=2)
5 March 2024 | 4 replies
Initial Jobless Claims fell another 9K last week and came in at 323K which was better than the consensus estimates of 330K.