Philip Davis
Using a portion of the proceeds of a 1031 to pay an exsiting 1031
My wife and I successfully executed a 1031 (A) by selling one rental property in CA and buying two in VA two years ago. These two properties each required mortgages to be taken. A recent death in the family now forc...
Brandon Rodriguez
Is turning only a portion of a multi unit to AirBnb a good idea?
I have a 4-Unit building in downtown Riverside, CA. I inherited all 4 tenants and everything has been great for the last year. One just moved out and I’m renovating, and I’m beginning to think AirBnb is a good idea fo...
Kate C.
1031 selling single family home to buy portion of mulit-unit owned by nonprofit
Hello, BP community- I posted these questions four years ago and got some good advice, but I never acted on it. Now the scenario is a little different- I welcome any suggestions and advice. My father used to own a 4-u...
Brandon Lee
Subject To Financing - What happens to the loan portion already paid off by seller?
Hello, I've been watching a lot of Pace Morby videos and researching online, but can't seem to find the answer to this simple question. In a sub-to deal, you are assuming the remaining payments of an existing mortgage...
RA McManis
Can I split off a portion of my IRA owned land to build a home?
If my self directed IRA owns raw land, is there any way I can build on part of this property? I own about 100 acres and would like to build a home of the property. Currently it is just a raw land used for nothing ot...
Jennifer W.
Depreciation on primary home when only renting out a portion as STR for 3 months
I am working with an EA to handle my 2022 taxes. I rented out the upper portion of my primary home as an STR for 3 months in 2022. I would like to write off some improvements made to this area of the home to get it re...
The biggest real estate tax deduction is coming back. That’s right—100% bonus depreciation is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax...
Young, old, or in between, you need to hear this episode! Today’s guest paid off over $80,000 of debt, grew her net worth to $100,000 and did it all just years after graduating from college without a sky-high income. ...
Dashon Jones
If owner is willing to carry a portion of mortgage, can that be applied to down payment?
I found a 6 unit apartment building that is listed at 275k and the owner is willing to carry 70k to help the buyer. In what way can I take advantage of this to acquire property with little money out of pocket? Looking...
David L.
Is it legal to put a dividing wall(s) in a SFH to rent out a portion of it?
If I have a house that's too big for me and I want to househack and rent it out to a tenant but want privacy and no shared space, is it legal to put up a dividing wall and possibly another external door so the house i...