Cameron Riley
Taxes. Making Money off Selling My investment Homes
- I am looking to sell my 2 houses, both myInvestment homes of over 4 years now. - when I sell them, I will have technically “ made” money. Bought for 20k 4 years ago. Selling for 80k each. - What taxes will I have to...
Trey Brooks
May have found a lead, need advice Dallas/ Fort Worth
Good afternoon BP!
So currently I'm looking at a pre-foreclosure. The house is worth about $1,210,000. I only know: The owners name, that he doesn't have a loan on the house, and that his primary address is in Flor...
Clayton Bray
When do we get a CPA?
Hey Good People! My wife has a profitable small business and we haven't bought a investment yet (soon). When do we need to get a CPA? Shes a bookkeeper and has a S-corp already but we pay too much in tax. Thanks for y...
Kiran K.
1031 exchange - what steps involved
I'm looking to do 1031 exchange, sell rental property (SFH) and use proceeds to buy another property. Can this property be duplex or commercial space?Do i have to go with attorney, what's an 1031 intermediary, want to...
Justin Goodin
What happens after I invest in a real estate syndication?
So, you’re sure you want to invest in a real estate syndication, you do your research, and you lock in a deal. Now what?
After you’ve sent in your funds for a real estate syndication deal, your active participation ...
Felix Stone
LLC rental account or personal rental acct for general expenses
Hi All - Unfortunately I have lost trust in my CPA after reviewing my latest tax returns(they missed major expenses that I had to call out) so resorting to this community for learning and knowledge while I also look f...
Josh Eckelbarger
Rolling an ESOP and or 401K Into Investible Cash?
Need an experts advise here...I have recently left a W2 income and began working as a Sole Proprietor. I had a 401K (25K) and ESOP (75K) (Employee Stock Ownership Plan) through my previous employment. The ESOP is bein...
Andrew T.
Mixed Use Property - General Questions
Curious if anyone has had experience with mixed use properties in Philly as a landlord.Eyeing a 2-4 unit, 1 of the units is a dentist office, the others are rented out to tenants. The deal would leave me inheriting te...
James Gilbert
Distressed property not listed with tax assessor
Good Afternoon, I'm new to investing and I currently have more time than money. I found a distressed property that looks like an opportunity for a deal by driving for dollars. The only thing is that it is not listed w...
Ronald Cooperman
Note buying tenant occupied
BP Communitywe have an opportunity to buy several non performing notes on tenant occupied properties where we buy and hold in New Jersey. we have an agreement to get title in leu if deal is agreed The notes are non pe...