Greetings! I've been a BP member for awhile and while I have purchased real estate with my own money, I now have a private lender (a relative) who wants to invest with me on my next deal. I am buy-and-hold, so I want ...
Looking at buying a condo in LA and wondering if anyone on here has come across TIC arrangement and what your thoughts are. What are the pro and cons on this type of arrangement? Any assistance would be greatly appre...
Hi All,This is my first post on BiggerPockets and am very grateful to have found this site. I am a college senior graduating in May, 2017. I am wondering how feasible it will be for me to start fixing and flipping hom...
My contracted closing date is tomorrow, March 18. Closing time hasn’t been scheduled yet, because we are awaiting documents that have been overnighted by the seller (who lives in CO) and are expected to arrive by 11am...
I have a spare room in a 2BD/2BA apartment. I rent the apartment unit and I am looking to rent out the extra room. I was going to use the two rooms for myself, but decided to rent out the spare room. What are the tax ...
I currently have 3-family and would like to expand but do not have the capital. My original plan was to build more equity in existing property and build up enough for next down payment, however I already have an inve...
For tax filing, where would expenses associated with a wraparound mortgage be reported? On Schedule A? Some examples would be interest paid to the underlying lender, note processing fees etc.
Thanks,
Angie
Hi
I just got a little surprise this morning. It turns out my girlfriend and I are already an incorporated real estate business called "Alpha and Omega Real Estate Servives, Inc." She somehow got incorporated without...
I am re-starting a discussion.
Does a Lease Option create a due on sale clause issue?
Can equitable interest be avoided?
Is there an alternative to a Lease with Option?
I have communicated with Bill Gulley with this...
Is it worth it to attempt my first wholesaling deal in the Southern California market or should I really be looking out of state? Currently I’m starting my search in Louisiana and Texas because I’m worried the numbers...