Alex P.
Taking title as individual instead of Single-Member LLC in 1031 exchange
Does anyone have advice regarding doing a 1031 exchange, where the goal is to take title back as an individual and dissolve the LLC that the relinquished property was held in (without triggering a taxable event)?I hav...
David Avetisyan
SBA Loan Questions
Looking at purchasing real estate + business and I have questions regarding an SBA loan. The subject business has been leased out to a 3rd party and is currently being foreclosed on by the landlord. Upon foreclosure I...
Carlos M.
To syndicate or not to syndicate ???
I am at 61 units with a market value of 6 million.... I keep hearing “ your next step is a syndication “.... I have heard mixed reviews about syndications. Who here as experience with them?? And would you recommend it...
Duke Giordano
Partitioned IRR when evaluating a syndication
Hey All,When investing as a limited partner, whats your thoughts on looking at a Partitioned IRR to better evaluate return that is based on cas flow vs sale? What is a typical breakdown in most syndication deals for ...
Jimmy Lin
Proceeds vs Profit on a 1031 Sale
Reading some 1031 articles on BP and it is a little confusing that the term proceeds and profits are being used interchangeably. From: https://www.biggerpockets.com/..."Also, all the proceeds from the sale need to be ...
Mike Montana
Interest deduction on cash out REFI
If you own a SFR without debt and REFI the property to cash out the equity then use the cash to invest in a syndication or buy another rental, is the interest on the loan collateralized by the SFR a tax-deductable exp...
Mathew Woolsey
Unethical Agent: Theft of services
To whom it may concern;Chore-ology is a General Contractor specializing in Water Damage Restoration in the Puget Sound. Christina Wang hired us to perform water damage mitigation on a holiday weekend at the rate of $2...
Jarrod Murrell
SBA Loan-EIDL: working capital
I recently received my SBA relief loan, and was reading through the terms. The loan is to be used for working capital, and i have some questions as to how far the use could really reach. Does anybody know if the loan,...
Kyle Weinapple
LLC or not? If so, which LLC option is best?
Hi BP,
I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year). If so, I am having...
Patty C.
Loaning Money To A Friend For Down Payment
A good friend and colleague owner occupies a three bedroom condo that he does not like. He feels it is too big, not walk-able to destination activities (restaurants, movies, parks, grocery stores, etc). It does not ha...