Jared Iddings
Acquire more rental properties
Looking for some insight on how to move forward in my real estate portfolio and acquire more properties. I currently own a quadplex purchased at $398k interest rate 2.875% monthly mortgage at $2,999.00 and all 4 units...
Val Saph
Starting Out - Which Direction To Head? Analyze Me!
Hello everyone, new to BP. Hoping to get a ton of knowledge from this group. I have been listening to the podcasts for some time, and now want to start putting knowledge to work!
I'm in Michigan and looking for REAL ...
Jay Peacock
1031 Exchange Debt Replacement - is it mandatory?
I am selling a rental house that I have used as a rental for 20 years so I have a lot of capital gains. I intend to do a 1031 Exchange and buy another house which will be as a seasonal rental. I would intend to rent...
Christopher Kolasa
[Owner Occ 2plx] Sole proprietorship/EIN for bus. bank & cc account, or wait for LLC
I acquired a duplex in December in Massachusetts and owner occupying, regarding setting up a sole proprietorship to gain a business bank and credit account, is it worthwhile to do so or wait to set up an LLC. Current ...
David G Vreeland
Owner Financed With Existing Owners Mortgage
Question: Is it possible to structure this deal where the current owner is able to keep the existing mortgage, while paying them off over time?Also referrals to someone that could structure this deal are appreciated,...
Jesse Stemle
How can I avoid paying capital gains tax on my live-in flip?
Hey Everyone!I bought an old beat up house just outside of Louisville, KY in August 2019 for $120,000 with the intentions of fixing it up while living there as I am just out of college and was looking for a place to l...
Chris L.
Selling rental as teardown. Do I have to recapture deprecition
Hi there,I am selling my rental property as a teardown to a builder. The value is in the land. I was wondering , since it's being bought as a tear down, if I would still have to pay income taxes on the depreciation r...
Luis Batista
Investing in Middlesex County, NJ
Hi Everyone,I've been reading on BP for a while and generally trying to gain knowledge about real estate. I'm in the process of acquiring my first property in Middlesex County.Can anyone share their experiences of inv...
Jesse Daconta
1031 Exchange into a rental and then primary residence?
Hey guys,We have a friend that just sold a rental property and made $120,000. His plan is to 1031 exchange it into a rental in another location. After two years, they want to make this their primary residence. Is this...
John Alosio
1031 Exchange 'Nuts & Bolts'
Greeting BP community,
I have a question about the 1031 exchange
I understand the main concept but I am having trouble wrapping my head around the mechanics.
My situation: I currently own a duplex that I have lived...