Stephanie Martinson
All 3 identified properties under contract in 1031-- now what?
Hi guys-We currently identified 3 properties for a 1031 exchange, and they all went under contract with different buyers. The 45 identification period has passed by 7 days... now what? Has this ever happened to anyo...
Joe Prenger
Rent increase on a currently occupied rental property
I've got a property in Missouri that i'm purchasing from someone and it is currently rented out. This couple has rented it for nearly a decade and it seems that there hasn't been an increase in the rent since they sta...
Old Pete
tax sales and irs liens
hi, does anyone have a plan for protecting themselves (if they invest in tax liens) from irs liens and other irs actions? thanks.
John Chilimigras
Please help on quick 1031 question
1031 Like-exchange question.
Bought 10 wooded acres 20 years ago for 10,000. Say the city purchased 1 acre of this property recently for 100,000 under eminent domain. I apply to like exchange that amount int...
Matthew Rayl
Promissory Note past contractual date
Background: My first deal and it's been a bear to say the least. The deal itself was solid, but the business partner has been a pure headache. This deal has been a massive lesson (among countless others) for perfor...
Kim Hopkins
Syndication Structure: How to Buy Out Investors Without Refi/Sale
Hello! We specialize in multi-tenant light industrial properties. To date, we've self-funded or accepted family investors who have no issues with indefinite hold periods. Our objective is to never sell our properties....
John Smith
IRS Foreclosure Redemption Likelihood? ~$1.3M Equity, ~$2M+ Federal Tax Liens
Hello Bigger Pockets Forum,
Looking for thoughts and feedback on the probability of the IRS exercising their redemption rights (during the 120-day period) to redeem a foreclosing property which has ~$1-1.3M of equity...
Russ Draper
Selling multiplexes and buying a vacation rental?
I'm selling my multiplexes, and I had the idea to save the capital gains tax and instead purchase a SFH that would be a short-term vacation rental. I remember the 1031 code saying something had to be similar to what ...
Jessica Stern
No seasoning period for cash out refi?
Hello, I have an investment property in Philly; it's a BRRRR. It's been renovated and will be rented out November 1, but I'd rather do the cash out refi sooner rather than later. Any lenders do 80% cash out refi with ...
Kacper Scheibe
Seller Financing to Cash Out Refinance Process
Hello, my name is Kacper, I am 22 and looking too purchase a property within the next months. I have a quick question about how the full process works if you buy a house with seller financing and then would like to ca...