Here’s the hypothetical situation:I sell an investment property for $1.5mm. Then 1031 to buy another investment property at $1.0mm. Difference of $500K.1. Can I use the $500K difference as a down on a second larger p...
So considering a major life move :). I'm new at this STVR biz (about 2 years) but feel I have a good handle on what it takes to make money in this space managing our 2 properties on our own. As we continue to build...
Hello BiggerPockets forums! I recently moved to Brisbane, Australia after working as a property lawyer for three years in New Zealand, during which I purchased one rental. I have three months of property experience in...
I would like to start a solo401k, I had someone draw up a structure. This structure would be A C-Corp holding company with two hard money lending LLCs ( passive income disregarded entity) paying the C-corp fees to ru...
My wife and I are currently starting out real estate journey. 1.5 years ago we bought a dental practice, and last year we purchased our dental office building priced at around $2M with $500k in equity. We currently ma...
I received a loan quote from a lender. On a $211k house. The estimated closing close came up to $18k on a 30 year FHA loan. This included Loan cost, taxes and other government fees, prepaids, initial escrow payment at...
Hello,Our Financial Advisors have been great so far. We have accomplished so much to date with their aid.They would like us to move our corporate investments from a current ETF fund into a Fidelity Global Balanced Cla...
I have a couple of rental properties now that my son manages and I pay him for that, but not sure what the correct legal way to do that- do I send him a 1099 for work performed? We are also looking to expand with him ...
I am planning to buy a large cabin in Sevierville, TN area for STR and am wondering what are the common expenses associated with owning a cabin. Can anyone please suggest?
The Goal is to find out the anticipated inco...
I am studying the tax lien certificate sales in Tampa Bay, FL. It is a long term investment strategy which I am interested in. Mainly because there is a minimal amount to invest with at this time but I the little I...