Lindsey Kocher
IRA passive investment
I recent was able to set up and establish a compliant checkbook IRA/LLC through some great referrals here on BP! The property I had originally planned to purchase is now pending while I was getting all of this set up...
Ashraf Farrag
Thoughts on converting my rental property to a lease option?
I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...
Scott Johnston
Cash out refinance distribution to investors (tax implications)
We are looking at building a model where we refinance to pull cash out and return capital to LPs. Typically cash out from a refinance is not taxable but does it become taxable if excess is given to LPs beyond their in...
Steven Andrews
Need STR lender that overlooks debt to income ratio
Looking at purchasing/financing a couple of STR vacation rental properties. Only issue is debt to income ratio is getting high due to primary home and financed rental property ownership. Does anyone know of good lende...
Jerry Kisasonak
Man and Ex-Wife on Deed and the man died. Does the wife has 100% interest in the home and can she sell?
A friend of mine died, and his and his ex-wife are on the deed. Does she now have 100% interest in the home and can she sell it? Fortunately, she is a nice lady and I am in good communication with her. I just don't wa...
David Lao
Interpretation of 8582 Special Allowance for Rental RE Activities
"Special Allowance for Rental Real Estate Activities
Active participation. If you actively participated in a passive rental real estate activity, you may be able to deduct up to $25,000 of loss from the activity from...
Account Closed
vacancy rates for smaller towns (quebec especially)
Hello, its fairly easy to find vacancy rates for large cities and towns like Montreal and Sherbrooke, but i'm having difficulty finding the rates for smaller areas with populations under 5-10k (for example, Windsor, Q...
Joseph Crunkilton
My County Does not Disclose Owner Info
All,
My partner and I have been driving for dollars hunting for our next deal. We've place bandit signs, placed flyers on doors, etc. Nothing yet but we are determined. I've been using my county tax data to see the ...
Veronica Duran
Getting into a partnership with an established REI company
Looking for advice on how to go about this, and if you’d go for this opportunity.
I was recently hired as a part time assistant property manager by an older man who owns a few rentals: residential, storage units and s...
William Ownbey
Ohh.. Do I have Problems. And Questions. Many many Many questions about Property. .
Anyone care to discuss multiple topics involving deceased parents land, House, no will, SquatersRights, and .maybe your Best advice?