Christian Thompson
Roll1031 Rental into my Former Primary Residence that I now rent?
Scenario:Sell a rental I've held for many years in an LLC. Net $250K1031 the $250K into my former primary residence which has been a rental for the past year, but lived in 2 of the past 5 as my primary res. I hold t...
James McGovern
How to unlock opportunity for 108 Acres in Carlisle South Carolina
Would love to work with a new home builder or commercial on using land I own that is sitting idle. 108 Acres in Carlisle South Carolina. Game to collaborate with wholesalers who can help me unload this property quickly.
Roy Mitle
K1 challenges on syndication
I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1. This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...
Spencer I.
Seller child support lein
I have a property under contract ($31k) with 9 heirs, one of them has a child support lein for about $55k. Is there a way for this heir to relinquish his rights to the property so we can wholesale it? I have a buyer r...
Janet Valdivia
Sale of rental property / expenses between rental and sale
I have read IRS publications and scanned forums but can't find a direct answer to my very specific questions. I sold a rental property last year. The IRS says "Vacant while listed for sale. If you sell property you ...
Howard Yang
Subtenant potential issues?
Came across this deal and was wonder what folks think about this type of arrangement and whether or not if it's an actual issue.Freestanding building on a new 20 year lease to a national fast food chain, (operated by ...
Sebastien Hitier
Istanbul, Turkey as a real estate investment
Hi there, I know that the BP community has a great focus on the US.
Is anyone buying or considering buying in Istanbul/Turkey those days? What is your experience and what are you looking at as a foreign buyer?
Enrique Ramirez
Went to an auction and found the the bank irrational
I went to an house auction over the weekend and when I got there found out the asking price the bank has set was unreasonable high. The price was at 95k for a property value at 100k (Based on similar houses in the are...
Emerson Miranda
New Member from Los Angeles, CA
Dear REI,
I'm glad to start my network with BP.
Looking forward to learn from you, and be able to close many deals.
Any thoughts will be appreciated.
Regards,
Austin Snow
Thoughts and ideas on long distance expansion
I'm in the process of selling the first rental property I purchased and will be netting quite a bit of profit thanks to the Denver markets increases over the last 5 years. Then, I'm going to buy a new primary residenc...