Otto Kinn
Monetizing Package Pickup
Hello everybody,
I'm new to the BiggerPockets community, so I look forward to meeting you all and having some wonderful, engaging conversations.
Let's get right into it. I've recently taken over the fitness center i...
Alana Higgins
Current rent makes DTI too high for conv. loan on investment prop
I live/work in Los Angeles, CA and want to purchase a SFR investment property in the Inland Empire (1-2 miles east of LA). This is my first home purchase and I'm having trouble qualifying for a conventional loan with ...
Greg Ford
Can I use 100% Bonus Depreciation as alternative to 1031 Exchange
Need some help with tax math here. Wondering if this is a viable alternate strategy to a 1031 exchange? Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...
Will Gaston
Is it possible to 1031 into a Development Project?
All:
Is it possible to 1031 into new construction or a development?
I have a 77k net from a 372k sales price on a property I just sold and wanted to see if it was possible to use that as a portion of monies re...
Justin Summers
What happens if I don't spend all my 1031 funds?
Bought a house for $225k and sold it for $425k so roughly $200k in capital gains. I did a 1031, 5 months ago, and identified $800k worth of properties (200% rule) Looks like I am only going to be able to buy either ...
Michael Badin
Partner Buyout with new LLC Multiple Transfer Taxes??
Hi all, I have a situation that I am trying to avoid. If anyone has ever run into it before or knows how to avoid it your knowledge would be greatly appreciated.So my father-in -law and his former business partner ha...
Ray Slack
Are HOA fees are wiped out by mortgage Foreclosur in Pennsylvania
I'm looking at buying a first mortgage foreclosure in Luzerne county PA.. Does anyone know if back HOA fees are wiped out by a first mortgage foreclosure purchased by a 3rd party (me)
Sven Simon
California Sales Agent & New York Broker
Hi all,
Does anyone have any experience and knowledge in regards to what to do when moving to New York with a California sales agent license?
Meaning, would I have to take the New York sales agent licen...
Jamall Steele
Wholesale an Owner Financed Home
I have a potential home that I can get under contract with a owner who doesn't mind owner financing. I have a general Purchase and Sales Agreement but what other contract will be needed in order for me to put in th...
Jeff Vierra
1031 Exchange Question
Greetings, My brothers and I inherited an 8 unit complex in CA. We area all on the title individually and not in a formal partnership agreement. It is appraised at 2 million our cost basis is 1.5 million. Lets say ...