Jim K.
Rich Investor, Poor Investor, Revived Thread
@Matthew Irish-Jones started what I think is a discussion of great worth while I was on my most recent vacation. I highly recommend it to everyone who's thinking about starting out:https://www.biggerpockets.com/forums...
Kimberly H.
Basic Cook County Housing Voucher question
To those who rent in Cook County,Just got an application from someone I am told has a housing voucher (by the real estate agent representing applicant).Aren't I supposed to actually receive a copy of the housing vouch...
Chris Marette
Cash Out Refi Lower Than Expected
Hi Everyone,I need some guidance or tips or any ideas in regards to an appraisal that did not come in as expected during a cash out refi. I have done several in the past and most I have been satisfied with the outcome...
Leon Lee
list the full basement as airbnb?
Hi, BPersI have a single family house rental that is closing at the end of month. The house is located near the downtown of a small city and is in a safe neighborhood. It is a 4-side brick ranch with full basement. Th...
Aly W.
1031 Exchange - Investing total proceeds and having a partner?
Does anyone know the requirements on 1031 exchanges?
What I do know is I must name my property within 45 days of closing and must actually close within 180 days.
What I don't know is must I invest total proceeds? A...
Charles Royale
Is it really better to incorporate in Nevada?
I hear mixed things about incorporating your business in Nevada instead of your home State. Everything from lower tax burden to reduced oversight.I've also read things about you not actually saving on taxes because of...
Scott Schultz
Avoiding the "Broker Dealer" taxation
I am a Broker in WI turned full time investor, I use to just flip, but am now adding rentals, 4 in the last 9 mo. If I was not a broker my rental income would truly passive and not subject to self employment tax, but ...
Evans Murray
6 Month Seasoning Period When Trying to Refi
Hi BP!I bought and rehabbed a property back in July 2019 and I financed the whole deal with my HELOCS. The property rented out after a couple of days on the market and I'm trying to do a cash out refinance so I can pa...
James Watson
Direct mailing campaign (Data/input needed)
Hey guys!We are currently averaging about 1 single family deal per month and looking to ramp up some marketing to increase deal flow. Currently I am handling mailings personally, handwriting envelopes, stuffing envel...
Mike Reynolds
1031 partnership property
Is it possible to do a 1031 on a partnered property if the new property is the same split? Can you use some of the proceeds for the down and some for the rehab? 1031 is new to me. I have never done one.