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Here is a scenario:Investor provides cash to buy house.I buy house in my name with cash from investor. I work on house with a partner to fix up the house and find subcontractors as needed.When house sells investor get...
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Good evening BP family,
I am active duty military moving out to Michigan and I am having trouble finding housing. I am looking to use my VA loan to purchase my second home. My question is, are there any programs that...
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My wife and I are planning to transfer a few personally-owned rental properties to LLCs. How are capital gains handled during the transfer? Are there any other issues to consider?
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I've got a lot of equity built up in a property in CA that I'd like to access to remodel my primary residence, but if I sell it, I'm going to get slammed with taxes on capital gains and depreciation recapture. Does a...
Hi! Closing on investment property this week. Single family home. My question is would I be able to find tenants now during corona outbreak ? Would the be able to pay ? Will government pay me back if tenants won’t be ...
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Any recommendations on wholesalers, and/or real estate holding corporations in Atlanta that are willing to have people shadow them? I would love to see first-hand how such experts build assets! I'd also like to take a...
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I have a partnership that owns a rental property. My trust has owned half of it for several years. I bought out the other half as an individual from my partner last year. So my trust owns half, and I own half.
Since...
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Hi BP.
I had a question regarding an LLC.
We just opened up an LLC as husband and wife. I was wondering if this can be a disregarded entity since we are married and file jointly. All property in this LLC are communi...
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Have some qns about the level of rehab for non section 8 and also section 8 rentalWith section 8 are their inspector usually stringent about the condition of the house for their rental? They usually require refrigera...
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I'm trying to analyze deals using the Bigger Pockets calculators, but I am totally lost on most of these financial terms and metrics. I know I can use the little question mark guides, but even still I'm floundering an...