Mackenzie Wallace
LLCs and 1031
Ok so here is my question...I'm just getting started out in the idea of real estate investment and whatnot. I am only 27, a lawyer and I work a 9-5 that I like. My mother is closer to retirement age and has wanted to ...
Rich Hupper
Will this Owner Financing Deal Work?
Hello Everyone can someone tell me if this scenario would work in the real world.I want to put 25% down on a 90,000 purchase ( 22,500) . The loan terms are 5% at on 20 year fixed term loan.I then want to do 20,000 wo...
Benjamin Weinhart
Question on Treatment of 1.263(a)-(f)(6) With Self-Renovations
Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...
Molly L.
Tax questions and SSI payments
Hello all you smart people......I have been a stay at home mom (my husband works a 7-5 government job) and commercial real estate investor for the last 20 years. Every year I discuss our return with our tax preparer ...
Bryan Hancock
Deduction of Interest on Home Mortgage on the Chopping Block?
I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...
DL Martin
apartment amenities..
I just finished reading Buy and Rent Forclosures byJoseph Neilson.
Mr Neilson advocates stripping houses of central air, garbage disposals and many other amenities in order to eliminate maintenance costs.
...
Pat Opiola
reporting sale of flips to irs
I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...
Shai Flax
Sober living investing
Hi BP!
Are there realtors/investors here who are investing in a sober living? I'm thinking of starting to invest in this niche.
And if you'll be from PA (and Pittsburgh specifically) that's even better.
Thank you ...
Linda S.
Traditional IRA or mutual/index funds first?
Let's say one has savings in both their traditional IRA and mutual/index funds. Which one should they tap into first to fund their investment properties?
Todd Lukasik
Property oversight after I die
I am looking for an entity to manage the oversight of roughly 10 rental properties (both residential and commercial) after I die. I have property managers to manage the properties themselves, but I need an entity to k...