Purchased property in 2017 and sold in 2020. It was bought under my S-corp. I know that S-corps file 1120s but where does the sale of property go? Schedule D or Form 4797? What about the closing costs? I should includ...
Hello Bp'ers-
Can anyone give me some guidance on a solid PM in the Springfield, OH area?
Your guidance is greatly appreciated...
For me, I Borrow Money from Private Lenders 1 of 2 Ways1. Short Term with Balloon2. Long Term with Monthly PaymentsShort Term with BalloonFor my fix & flip businesses in Philadelphia & Chicago, I offer my inve...
Hello, fellow RE family.I just completed my first flip in Sachse, TX (a suburb of Dallas) and only have a few final touches remaining, with the decision on SOD being a high priority. Just like any flip story, my first...
I know they say you should never time the market, and I 100% agree. But for someone already selling a property now, would it be wise to try and sit on the sidelines now since many are saying we may be at the top of a ...
The seller lied on a sellers disclosure regarding water in the basement which resulted in toxic mold exposure and huge health issues for my family. We viewed and purchased the property while it was winterized. The bas...
Hi! Just starting with house hacking and bought a 3/3 SFH. I'm looking into doing room by room rentals with me living in one of the rooms. My question is where do you guys place their security deposit? Is it a separat...
Hey all. Just wondering what your thoughts are on lenders closing existing/open lines of credit, especially given what we are seeing with the markets. Anyone have experience with this from 2009?
Hi all - 3 years ago we 1031'd an investment property into 3 DST properties. At the time we had a $0 balance HELOC on the property we sold. I just realized the bank still has the $0 balance HELOC open and available ...
I am looking for the best option to pursue my next rental property, I am pursuing the BRRRR method. I have done a lot of research but wanted to get some opinions of investors who have done this before. I plan to launc...