Gaspare U.
How do GP pay structure get taxed
So when a GP in a syndication gets paid how are they taxed if the payment is:
a fee (acquisition, refinance, etc)CF splitAlso, does the GP get to benefit from depreciation in either of those? Thanks in advance!
Skye Parker
Rolling spec house profits into next house. How?
This is probably a bonehead question but I've been talking to some spec home builders and they are paying taxes on all profit from a spec home at personal capital gains tax rate. A heavy hit on a big project. I'm just...
JayCinta Henry
Joint heir death in the middle of a sale.
Scheduled to close on a SFH on June 6th. Everything is done, title, survey, financing approval, etc. Just this week title co. is submitting title to county office, really just the last stretch. Sellers are 3 joint he...
Michael Williams
Quit Claim Method
What is a good way to use a Quit Claim Deed? I will be getting two properties under contract soon. One I will flip to an end buyer and the other I plan to Quit Claim so I can save on the closing cost for now and pay t...
Kelly Skeval
Options other than 1031 exchanges to decrease tax implication
Hello. I’ve been in conversation with an owner of a self storage unit who is looking to sell in the near future. We’ve discussed different creative financing options. The option that is most appealing to me and my cu...
Nancy Mascorro
Agent in California—need advice
Hi BP community! I’m an agent servicing LA, OC and I was wondering if you experienced investors / agents could give me advice on finding deals for my clients on the MLS. Any price criteria?Sq ft req?Expired?Would love...
Derek Rice
Please help review a 12 unit deal!
To start, I am sorry if the spreadsheet is hard to read. I am not sure how it will come out after I post. If it's hard to read then this entire post is useless and I will try to delete it. Anyway.. I feel that I am ve...
Joe Farrance
Looking for Capital Gains answer
Hello 4 years ago I got married and we now have 1 house we live in and rent the other one out to a family memberQuestion is:If we sell one or both houses would we have to report the capital gains?Thank you
Kevin A.
Friend Claimed bankruptcy 4 years ago and property is still in his name!
This is a legal question so anyone in NJ that know please advise.
Friend claimed Chapter 7 in 2007, it was discharged in 2008. One of the properties listed was never taken back by America servicing. They still send a ...
George Vigil
50/50 Partnership with Real Estate Agent
A former colleague who is now a top real estate agent and I are interested in partnering 50/50 on buy and hold properties. Considering we will be contributing equally and distributing cash flows and equity (when sold)...