
2 June 2015 | 10 replies
You've enjoyed the depreciation tax benefits for 10 years, but now you're ready to sell it.You sell the property for 150K and the loan payoff is 50K, leaving a simple 100K difference.What is the total taxable amount from the sale, assuming standard depreciation was used?

30 May 2015 | 1 reply
I would appreciate any advice anyone can give on benefits of one over the other.

2 June 2015 | 4 replies
Some benefits of getting your license are that you can:1) Get access to the MLS and new properties hitting the market before investors without their license2) When you sell the property you save on the sales commission you would normally pay your listing agentYou don't need a license though.

25 June 2015 | 6 replies
The LLC pays down the Loan over time so C gets interest and return of principal, and A & B get benefit of controlling more property than they could without C's loan.

11 April 2017 | 11 replies
Most people can't do all of these things well right off the bat.If you can become an expert in one helpful area and then partner with an existing operator you will benefit twice - once from your deep knowledge of a certain aspect of the business, and again from working with an operator who as already made the rookie mistakes.

11 June 2015 | 30 replies
This bulletin is related to death of obligor - CFPB Bulletin 2013-12I believe that the CFPB would be a good route to pursue should the OP not get anywhere with her efforts but, I'm just not sure SII rules would be of much benefit.

3 June 2015 | 37 replies
The far right tiny windows I would not leave but if you do they could benefit from some decoration.

17 June 2015 | 33 replies
Usually my response is that it is to their benefit, since banks must have given them proofs if they truly made a payment, so will never have argument whether they have paid or not.

29 October 2015 | 4 replies
I am really excited about being a member of the BP community and have seen a lot of benefits from becoming a member a couple of days ago.

2 June 2015 | 2 replies
If so, are there any benefits to showing the income/expenses on tax returns for future investment property financing?