Jason Hill
Depreciation Question (what's inclusive)?
Hi all, I've just subscribed a few days ago and have been reading various posts and info...I must say, great source of education and inspiration. I have a basic question if I may...after describing 2014's scenario:My...
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
Id appreciate any help, as ex. if i take out say 100k home equity loan and use 50k each as down payments/cloing costs my understanding is i cant deduct the interest?However, if i would take 100k home equity on a renta...
Nick Janovich
My head hurts from thinking about tax methods.
As my first year of real estate investing winds down I'm starting to think of pending tax preparations. I had a lot of questions, found a few answers, and am generally left with more questions. I purchased two propert...
Matt Everling
Ways to guarantee a high appraisal for BRRRR refi?
I’m rubbing the magic lamp that is the collective BP genius in the hopes of finding a way to “guarantee” a high enough ARV appraisal to pull my cash out in a 75% LTV BRRRR refi...
Nathaniel Nooner
1031 exchange rules for next property?
Is it possible to take a 1031 from a property I have for sale and use it to build an investment property on a lot I currently own? This will be my first 1031 one and don't know if this is possible or not. Thank You
Ashish G.
Reverse 1031 Exchange
Folks,
I am looking for anyone who has done a reverse 1031. In this you buy the new property first, it is held under a SMLLC title by 1031 intermediary and then you sell the existing property.
This eliminates the r...
Kelvin J.
1031 vs leveraging equity question.
Mornin’ BP! I have a $150k piece of land (w/ well if that matters) that I intended to build my primary residence on. I own the land free and clear but I now intend to use it to help get into a MF investment property. ...
Cathy Chang
Renovate before or after turn the primary property into a rental
Hi, BPers,I plan to turn my current primary property into a rental one within one year. Right now it has 2 bedrooms, after it becomes a rental, I want to renovate it to 3 bedrooms. Should I renovate before or after I ...
Steven Lalonde
Am I analyzing this commercial property correctly?
Hey BP!I have approached a For Sale By Owner commercial zoned property with agreed upon purchase price of $200,000. I am doing a purchase + improvement loan. My lender is requesting 25% down on Finished Value. Finishe...
Sandy Nguyen
In case ex owner of a tax deed property redem within 3 years
In case the ex owner of a tax deed property sucessfully redem the property, will I get my money back for investment to improve the property (repairs, addition ect) from the ex owner?