David Niles
Buying property from IRA?
I am trying to help an out of town investor get out from under a property he was sold about a year ago for about double what its real value was. I am trying to work out a couple scenarios for him to just be done with...
Luis Moreno
Third investment I bought in Greenwood IN
Investment Info:
Single-family residence fix & flip investment in Greenwood.
Purchase price: $80,000
Cash invested: $175,000
Sale price: $240,000
Punched property with the intentions of using...
Oleg P.
Lowering taxes on sale investment properties strategy
What would be the better timing of selling investment properties to minimize capital gains and taxes, if ready to move on without rental portfolio. Would it be wiser waiting for low income years, like job loss...retir...
Ceril S.
Do you own a personal RV? Having problems justifying!
Hey BPers! I've been thinking a lot about hitting the road and traveling once we are empty nesters and I've been looking at RV's. The depreciation is horrifying! It's a house that I'll lose money on!!!Do any of you ...
Katelyn Kelly
CT commercial realtors- need some advice!
Hey guys! Per the description, I am currently trying to figure out if residential or commercial real estate would be a better fit for me. I worked in buying at a high end department store for the past few years, so I...
Dan West
Selling a successful AirBnb because of the pandemic
I have owned a successful AirBnb for a couple years. Things have been going well and we became a Superhost based on reviews and other criteria. However, COVID-19 has killed us. This should be our busy tourist season i...
Laurence Obi
REAL ESTATE TAX EDUCATION REQUIRED
Hi Guys,Seeing as I'm expecting major capital gains over the next year, can someone please recommend a book that talks mainly about taxes as they apply to Real Estate? 1031 Exchange, Depreciation and the likes?Your su...
Leigh S.
Can a bank pull my credit report without notifying me?
My LLC has a small investment loan for a multi-family property through a local credit union. Last week, I was notified through a credit monitoring service that the lender pulled my personal credit report. I asked the ...
Mark DeMarco
Getting Started
Been in the vendor side of real estate since 2002 and would like to start owning rental properties and flipping homes. Want to minimize my mistakes, losses and wasted time.Mark
Charles Salumn
What would you do in this situation ?
How’s it going ladies and gentleman. I want to know what you guys would do in this situation. A year ago almost to the day I purchased my first home (primary residence ). It’s way too big for me and my gf , has a ...