Brandon Powell
Setting up or Paying with Credit Accounts in Solo401k or Self Directed IRA
I need advise from investors who have had their SD Retirement accounts set up for a while. I have one major hurdle that I can't seem to get past.In our Fix and Flip business (in a non retirement owned LLC) we utilize...
Amanda Green
Closing costs in Rental Income?
Hello Internet's Landlords! This is my first post on BiggerPockets, so please forgive any lingo spelling errors and the like.I am interested in buying a rental property. I know the purchase price, approximate rental i...
Greg Sonnier
Profits from my first flip
I followed the steps from the articles written on this site for my first flip. This helped me find, evaluate, rehab and sell my first investment property. Backstory is- I purchased a near foreclosure SFH for $105K, ...
Mitchell P.
I want to sell 50% of a duplex I own to my Dad. Is this possible?
I own a duplex that has significantly increased in value over the last two years. I would like to extract some of that increased value so that I can purchase another property. I'm looking at selling half of the owners...
Jay Johnson
Transferring passive losses
I had several rental properties that had accumulated passive losses. I started a LLC with my wife (2010) but those previous losses were not carried over at the start of the LLC. My accountant at the time said they can...
Tom C.
How to value a PM company
Does anyone know how people typically value PM companies when/if they sale them?
Garnett Freeman II
Wholesaling an LLC to End Buyer
I have an LOI on a portfolio of properties that are held by seller in an LLC. Seller wants to sell the LLC to end buyer instead of having a normal close on the properties. I'm looking to assign the contract to an end ...
Justin S.
Equity pullout question
I have an 8unit building under contract and am thinking of selling a 4unit of mine and do a 1031 exchange.
If I sell the 4unit I will be cash flowing $7,000 less a year but put roughly 50k in my bank account and of ...
Phaedra Culjak
What are tax implications when selling a rental?
I currently have 1 rental that has $200K+ equity. I'm considering selling and investing in 2 properties but not sure about tax issues and timing. Any advice? I'm thinking of waiting until next year to see where prices...
Sam Webber
Capital Gains after Death?
Hi BP Fam, I have a couple questions regarding my grandparents house, If there is any info you have or could point me in the right direction that would be greatly appreciated. Both of my grandparents have both now pas...