Stephanie Cora Cruz
House Hacking Build Wealth
24 April 2024 | 0 replies
Consult with a tax professional to understand the tax implications of house hacking.Long-Term Strategy: House hacking through basement rental can be a long-term wealth-building strategy.
Michael Glunk
Any heard of: All Diversified Lending LLC???
24 April 2024 | 36 replies
If there were a lender offering terms a mile ahead of the industry, the rest of the industry would have no business, unless said company was horrible at marketing.But I haven't heard of them, but that should hold much weight, as it seems a new DSCR lender hits the scene weekly at this point.
Dominic Pizzi
In Need of a Lender that Allows Student Housing/SRO
23 April 2024 | 5 replies
In my experience, there are plenty of small banks/credit unions that are cool with student rentals as long as they're all on one lease.
Beth Anderson
What do I say if someone responds to my letter?
23 April 2024 | 6 replies
Just sent the first 17 letters to the owners of distressed properties on my long list.
Michael Campbell
Can't find owner
24 April 2024 | 8 replies
It is not unusual for lenders to hold foreclosed properties for long periods of time before putting them on the market.
Thomas C.
Taking over 5 units from a family member - am I crazy?
23 April 2024 | 9 replies
Hi all,New to Bigger Pockets but started following real estate closely a long time ago.
Stephen Bass
to 1031 or not? Can bonus depreciation be used to generate similar tax benefits?
24 April 2024 | 11 replies
After 2 years sell to use the sec121 exclusion for capital gains (doesn't help with depreciation unrecapture).Yes, DST and syndications have a long running thread right now about their risks.
Sean Sheridan
Capital Gains Tax
23 April 2024 | 10 replies
Does not matter how long you held the property.
Account Closed
Tenant no responding to rental raise
25 April 2024 | 60 replies
I am not sure how long its been since no response.
Eric L.
Creative financing, seller financing
23 April 2024 | 9 replies
I'm wondering if he would be willing to accept an offer that has long term tax benefit, I would give him his asking price, the only real problem I foresee in the repayment would be another big downturn.