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Results (10000)
Imran Quraishi 1031 to finish a basement to rent
20 March 2024 | 2 replies

Can I use 1031 funds to finish my basement which I plan to rent out once finished? 

Jim Brandt Help! Good deal but is this an Investment or 2nd home?
28 February 2018 | 5 replies

I need some real insight on this subject and look forward to hearing from everyone and anyone they can help me or point me in the direction of someone who could help... thanks again!

I have a friend who owns a condo ...

Theresa Perez Buying your own flip?
7 May 2019 | 12 replies

Hello !Hoping someone can help, I will ask mortgage company this week but hoping for some insight now; My husband and Father in law own a corporation , they have purchased a home to flip using money from a hard money ...

Troy P. Good idea to purchase parents' mobile home?
3 March 2022 | 7 replies

To make a long story short, my mother passed away last year and my step father is living in their mobile home with a relatively high interest rate and no banks willing to refinance.  We recently started tossing around...

Wesley Raye REI CPA needed for first year landlord North County San Diego
19 May 2017 | 4 replies

My wife and I have been using turbo tax to do taxes for the past few years. We both are W-2 earners and house hacked back in 2013 converting a Carlsbad, CA condo into our first rental. The first year of self managing ...

Jon Fields I'm buying a 4-plex, friend is buying the one next door
22 March 2016 | 2 replies

Hi Everyone!I'm looking to do my first investment deal on a 4plex in Northern California. I need a bit of help from the BP community as there is a bit of trickiness in the deal.There are two 4-plexes on two parcels ri...

Bryan K. Refinance an investment property purchased with cash thru an LLC
20 February 2017 | 10 replies

Hi all, 2 of my business partners and I are set to close on an investment property in Chicago next Friday.  The seller already had an all-cash offer, and it was a great deal, so we looked for a way to beat out the oth...

Tonya Rasmussen Lifetime estate gift tax exemption??
20 September 2020 | 8 replies

Aloha I have a complicated real estate, inheritance and tax issue I’m trying to solve.My current approach is to get info on how often you can disperse $ your children under the lifetime estate exemption of 11ish milli...

Manco Snead Any Experience with AmeriHome mortgage?
28 December 2021 | 6 replies

Greetings,The property I very recently bought through a credit union was immediately sold to AmeriHome Mortgage. I didn't know the CU would be selling the loan until deep into the approval process. AmeriHome has a mil...

Account Closed Distributions and taxes for an LLC
4 February 2017 | 5 replies

Hey BP,I am considering forming an LLC with two other partners and I wanted to understand the tax implications of that. Can we choose to not have any distributions and "save" the money in the LLC for future investing ...