Kenny Tran
Need some tips on a 1031 exchange
2 questions:1. Does your 1031 exchange have to cover the whole down payment of a property? For example if my profit from a sale is 50k but I need 100k for a down payment for the next property can I bring in the remain...
Monika Forberger
Chris is "selling" more than Grant Funding information
After three hours of "Selling" the Grant Funding in his workshop (with only an eight-minute break) we were then bombarded with a 45-minute MASSIVE SALES PITCH for Melaleuca. Christ stated emphatically that this was N...
Hoa Morales-Phan
Gifting/Grant Deed post 1031 exchange
My mom's sister wants to do a 1031 exchange. Vacant commercial zoned lot (unimproved) to a SFR as a rental property. Can she gift it after the exchange to the SFR to say me or my brother? What tax implications woul...
Dakota Mivshek
Tax Question - Mixing real estate commissions and Rental Income
Hi there, I have a tax related question. Things moved quickly these past few months, which has resulted in the creation of an LLC (S Corp status), Real estate sales commissions, & rental income. Current status: Re...
Toni Annis
Financing LLC owned properties
New to investing and have a question on financing LLC owned properties. My husband and I bought our first property in May. Our plan was to rent it but now it looks like we will be selling it due to an offer we just ca...
Robert Mayo
REIT accounting - COGS and margin
Hi. I'm trying to compare some of the private deals mentioned here with public REITs.
Looking up the income statements for Equity Residential (trades as EQR) I find a line for cost-of-goods-sold. What is this for...
Louis Van Der Westhuizen
Using an LLC to acquire RE when the LLC has no credit history?
Hello fellow investors, my question today relates to the use of an LLC for beginner investors. I understand the value of using an LLC to protect myself from personal liability, but here is what I am struggling to get ...
Rich Weese
At what percentage do we reach the point of no return?
According to the latest statistics we have now reached the point in this country where 49.5% of the population pays zero income tax. I'm pretty good at math so I've come up with the number of 50.5% do pay some income ...
Nicole R.
Deal Analysis for Property in Chicago, Illinois
Hello all! I'm new to BP.com, but have been listening to the podcast for a couple of months now and I’m looking forward to participating in the forumsI've recently come across a property that I'm analyzing for a poten...
Pat Jackson
Question about due on sale clause?
I know this is talked about a lot, my question is a little different.I'm in the process of setting up a Series LLC to protect myself. I'm working with a particular lender that is very investor friendly. I'm preappro...