Art DeBrito
Can a real estate broker pay their agents?
On page 6 of the 'SMALL BUSINESS ADMINISTRATION [Docket No. SBA-2020-0015] 13 CFR Part 120 Business Loan Program Temporary Changes; Paycheck Protection Program RIN 3245-AH34'Under the question 2. What do Borrowers nee...
Jeremy D.
1031 exchange on a short term hold?
I sold a property that I had owned for 2 years on August 7th and utilized a 1031 exchange transferring the funds into escrow with a qualified intermediary. I then purchased (2) properties on August 29th with the 1031...
Michael Clay
Should you paydown an investment property borrowing from a 401K?
I'm currently deciding on if I should borrow from a 401k to pay down a Heloc or apply to mortgage. Currently, the Heloc has a loan amount of $45K @ 5.49%. Funds from the 401K can be borrowed @ 2.125% interest for a pe...
Will Wallander
Appliances purchased prior to placing my rental into service
I purchased a foreclosed property on August 7, 2018. I rehabbed the property and placed it into service on September 30, 2018. My tenant signed her lease on October 11, 2018 and moved into the unit in early November...
Terrance Harrington
BiggerPockets Rental Calculator Analysis
Hi, I’m a newbie who is thinking about upgrading to the pro membership in order to help with my real estate investing business. I’ve attended a few webinars and recently toyed around with the rental property analysis ...
Russell Brazil
Washington DC Prices Up Over 9% In November
Following a couple of months of slowing activity, the real estate market experienced a mini-boom in November. Here is a closer look at what’s happening throughout the region:Summary: The entire region has enjoyed incr...
John Pitkin
Cap rate calculation
My understanding of cap rate calculation is NOI divided by the property cost or value. Recognizing that cost and value are not necessarily the same, I'm confused about which one to use in my calculations. When would i...
Jason W.
filing taxes in a community property state? advice appreciated
Hi All! I am trying to complete our taxes as married filing separately for the first time. This question might be more of a general tax information but it will cover our property and etc. So, I am using turbotax in p...
Shawn H.
Tax on master lease...
A family member wants me to manage their properties for them that they hold in a corporation, but legally, I don't think I can do that because I'm not a real estate broker. So, after some brainstorming, it occurred t...
Kim Livingstone
Trust beneficiaries taking dividends from rental property
I am looking for a little insight on this situation. We have a rental property that is in a land trust. Can beneficiaries take dividends from the rent? if not dividends, what are the beneficiaries options for taking ...