Dane Price
1031 Exchange to Purchase Primary Residence
I have a rental property that I have decided to sell as it is no longer a lucrative cashflow opportunity. The property was originally purchased 4 years ago as our primary residence, but decided to move out and rent th...
Koddie Schumaker
Who and why are people selling rentals right now?
What are the scenarios that someone would sell a multi-family rental unit right now in the current market?
Daniel H.
Mortgage Principal
Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...
Elvis T Santana
Capital Gains after property split?
Hello BP Community!I purchased a property for $220k 6 years ago in Fall River, MA. Two houses on one lot/deed/title - a 3-family and a single family. It was mortgaged as commercial since I was not a MA resident at the...
Abid R.
Question: Real Estate Investing Partnership Structure
A few of us want to get together to invest in a few rental properties. What would be the best structure to form this partnership (LLC, REIT, etc.)? If some of you can shed some light on pros and con's it would be grea...
Robert Littke
Best way to owner finance?
I'm curious what some of our BP experts experiences is with structuring Lease Option, Rent To Own, or other owner financing deals when it comes time for the buyer to get financing. (yes I realize that most of these de...
William Behm
Solo 401k 1099-R for in plan Roth conversion
Hi All!I have a Solo 401k and the company that set-up is not very helpful in providing info on how to properly complete a 1099-R for an in-plan conversion of moving funds from the Traditional bucket to the Roth bucket...
Russell Fugitt
Drop and Swap (removing a partner from my 2 partner LLC)
I have called several QI's and my lawyer, talked to my accountant. Each call I make gets me a different answer. My 2 member LLC is going to sell the only property we own this month. My partner does not want to rein...
Matt Ward
1st Deal Help - South Atlanta Numbers
Hi,Been trying to learn as much as I can and run numbers and wanted help of some folks with local experience. Have been looking in Fayette, Coweta, Henry and Fulton counties and have found a couple deals that to me se...
Ryan Cotter
Beginner looking for advice
Hello BP community!I'm hoping to get some advice on something I've been mulling over but can't decide what makes the most sense financially. I own a 2BR/2BA condo in Chicago which I've owned for 15 months. I absolutel...