Looking through some duplex opportunities in Tampa, Fl and found one that meets the 1% rule and has room for forced appreciation...big downside at this point is that it’s Wood Fame instead of Concrete Block. With hurr...
Hello all - I am looking to transfer my IRA's from a brokerage firm into a SD 401K with checkbook control. Currently 5% of my accounts are 'cash' and 95% are Traditional IRA's. I'm wondering if I should put the 5% i...
Hello!
I have a convenience store for sale. I run an Air BnB out of my primary residence renting out 4/5 rooms. Therefore my primary residence is being used for a commercial venture. Would it be possible to use a 1031...
Can you utilize a 1031 (LKE) to avoid taxes on a flip if the home is in owned personally? Or does the home have to be owned by a company to take advantage of the a 1031?
Hello everyone. I would like to seek your opinion on my recent development with one of my tenants. They signed a lease in November for 12 months. In early January they advised that they have bed bugs which supposedly ...
I'm contemplating renting out an investment property(non-primary residence) on a room-by-room basis with separate longer-term leases for each bedroom. I'm curious if the income from these rentals, listed on Schedule E...
Hello BP Community! I have a questions for you specialists and intellectual people on 1031 Exchanges.Can you sell a Primary Residence worth 2.2 million for an apartment complex that is like value and sale price? Thanks!
Hey BP,I am looking for advice on how to structure a partnership. JV or LLC as partners. What are the Pros and Cons, implications, etc. I currently have 5 units that I have acquired over the last 24 months with my own...
I'm not sure if these forums are for questions about land or not but I thought I would ask a question about property that I'm involved with. An elderly lady with serious health issues has 20 acres with a house and fa...
Good morning!Looking for guidance regarding septic tanks:1- for those familiar with Tampa Bay area, are septic tanks common / expected in the Holiday, Port Richey, New Port Richey area?2- based on the location above, ...