Garen T.
Taking property or a home in lieu of cash payment, for $1K?
I've been doing property development for a few years and I've rolled each project into the next. I've never taken much income out of the project. This next year that needs to end and I plan to start receiving somethi...
Ray Tripp
Parents real estate
My parents just retired and are now looking to sell their RE investments. I’d rather keep them in the family as long as the numbers look good. They have two years left on the consolidation loan. Included are six singl...
Justin Jaeger
Rehabbed property Aug-Dec 2017/1st rent Jan 1 Get accountant now?
Hi there,So I bought a new primary residence in August 2017. We spent 4 months and about $25,000 making the basement a rental unit. We have 2 tenants who made a deposit in December, but they moved in and started payin...
Kin Lay
Question about business meals for real estate?
Hi,I am trying to create a tax planning strategy for myself and I love to travel outside of the US once a year. I am not a tax accountant and I did some research on publication 527 about using rental real estate inves...
Kris Barney
Vacation Rental: Tax WriteOffs When Visiting [Co-Owned]
Hi BP Members. I'm new to BP (but really enjoying it!), and was hoping to see if anyone had any experience with this scenario, and if so, had any suggestions: I'm considering co-owning/purchasing a small vacation home...
Josh Garcia
Hello Everyone! My first post! Live and Invest in DTLA
Hey guys,I join Bigger Pockets in 2020 but never posted and didn't utilize the network here. I'd like to change that. This is my first post and I'm looking to connect with other investors in LA County, the rest of the...
Kathy Moser
Form LLC so I can write off upfront costs?
Hi All,I'm going to need to do a bunch of legal and inspection work prior to buying a multi home project. It could run up to $10,000. I was wondering if it makes sense to form an LLC now so that I can pay all these ...
Kelly Skeval
Options other than 1031 exchanges to decrease tax implication
Hello. I’ve been in conversation with an owner of a self storage unit who is looking to sell in the near future. We’ve discussed different creative financing options. The option that is most appealing to me and my cu...
Matt Plese
Assumable Loan Opportunity
I have the unique opportunity to assume a loan at 30 yrs at 2.49%. The issue being the cash flow isn't great (nonexistent). Rent would cover the mortgage, taxes, insurance and HOA at roughly 3k/month. It's a condo in ...
Camille L.
Should I sell my house?
Hello,I purchased a one-family house in Dutchess County in New York's Hudson Valley in October of 2021. I had inherited some money and was anxious to invest it during the mad craze that was going on at that time. I bo...