Patricia Via
Help with 1031 involving SF rental exchanged for two land lots, want to sell lot
new to this site, hoping to simplify whether I should sell a lot purchased when sold a SF rental back in 2006. the gross sales price of the house was 165K, but the net was closer to 151K. We did a 1031, purchasing tw...
Jack Synesael
Applying for a Home Equity Loan on a rental - PLEASE HELP!!
Hello BP!I currently have 3 properties in the Raleigh/Durham area - 1 primary, 2 rentals. I am looking to pull some equity out of the rentals to fund another investment. From the research that I have done, most lender...
George Paquette
Owner financing - What are fair terms in your opinion?
I am looking at a property to BRRRR for $300k and I threw it out to the owner to owner finance it. She said yes and for what terms? I wanted to get some ideas that people have received for owner-financing and to see i...
Saajan Bhakta
Buy a House through Business?
Hi All,My father owns a motel (located in WI) and lives on property and works. He is planning to move across the border to MN (much cheaper health insurance) and live in a house and step away from day to day activity....
Andrew James
Solo 401k loan....pros/cons, compared to hard money
Anyone have any thoughts on a loan to myself from a Solo 401K plan? As I sit here thinking about creative ways to fund a deal, including hard money, I have come across the idea of a Solo 401K plan and loaning to myse...
Michelle Caines
Newbie from NYC
Greetings from Harlem NY! A family member and I are interested in rental properties. We have zero experience but know that Newark and certain Bronx neighborhoods are way cheaper than Harlem. We hope to one day hold pr...
Jeremy Karja
Who is the best for a SOLO 401k and why? How can I use it?
Hi BP,I want to roll my ira to SOLO 401k because it sounds better in most ways to compared to self directed IRA. Mainly for the control and sounds like less expensive. This IRA is about 65kMy 2 questions are:1. Who ...
Dean D
Saving 15.3% in Self-Employment taxes with an S-Corp?
RECPATAXMAN,
If you could go into a little more detail on this S-corp SE savings.
I'm not clear on how the end of year dist. will be excluded of S.E. tax.
I'm currently interviewing Atty's to setup my first LLC an...
Lisa Renee
Using regular loans to buy RE in cash
Hey BP Family,Can a regular bank loan be used to buy RE in cash or is that frowned upon?Thanks,Lisa
Murphy Frankhouser
Qualified Opportunity Zones
Do you invest in these Qualified Opportunity Zones (which can potentially be rough areas) for the tax deferral and appreciation benefits if the cash flow is not as good as another area?
I'm on the fence if this is a ...