David Anderson
Ways to minimize capital gains tax after flip
We have a LLC that just closed on a flip where we made short term capital gains on. We decided not to do a 1031 exchange, but are looking for ways to minimize the taxed amount. Under this LLC we also have rental prope...
Eric Denton
Figuring out What's next?
Happy New Year everyone!
I have a flip that I am finishing with a buddy (business partner). We will be done by February and did not do things in a traditional way. My business partner owns the home outright and we ...
Thomas Hatley
LLC as Opportunity Fund - Pros and Cons ?
Hi All,Back in February of this year, I purchased a rental home in an Opportunity Zone. I had been reading about Opportunity Zones at the time and understood that they would drive investment into the area and create ...
Paul I.
Buying Two Fourplexes - Financing Options
Hello everybody,
I am looking at buying two fourplexes right down the street from one another.
Will the bank look at this deal as a standard residential mortgage or will they view it as a commercial/multi family de...
Fred Smith
Convert HELOC into home equity loan/other?
(not sure this is the best forum for this question. Let me know if I should move it)I posted something along these lines earlier but thought maybe a more specific question would be better.Crazy market here but here ar...
Logan Wilkerson
1st Time FHA Multi Family Questions
Hi everybody,I have finally gotten all my finances in order and am getting ready to house hack my first multi family. Several of the properties I am interested in are actually detached multi families (4plex across 2 b...
Michael Sawers
Sibling Partnership Strategy
I’m the older brother planning on paying all up front costs. My younger brother, new to his career with little capital, will be living in the house, paying rent, and acting as the landlord. I want to keep the agreemen...
Krystal Ahn
Partial 1031 - New York City
Hello,I am planning to selling my investment property in NYC cost $721,000est. selling price $1,000,000mortgage left $350,000accumulated depreciation $100,000And buy an investment property with a value$400,000The rema...
Brandon Blessed
What's your thoughts on an fha loan?
Good morning BP family , I would like to know if my partner utilizes the FHA loan an investment property before we are married will that affect me applying for an FHA after we are married?
Dana Holland
Selling property, tenants interfering
We have decided to sell our rental. Tenants are in until the end of July. We plan to list July 1st. The lease agreement states that tenants will allow us to show the house the last 30 days. Now that we are trying ...