Edward R.
Purpose of buying crap house and holding for years? tax benefits
Hi! I own investment property that I rent out and take my write-offs, but I just use my CPA to do the paperwork/return. What are the tax benefits to holding empty properties that hold little value? It sold for $44...
Compton Oliver
Interfacing with Self-Directed IRA Investors
I run a firm that primarily invests in what many real estate investors would call Alternatives. Generally, we buy small to medium companies, create synergies between existing investments and partnerships, restructure ...
Daniel Murphy
Need help with FL STR LLC
Hey all, we have a short term rental in Florida, we live in MN. It is currently owned under our personal name & we wanted to setup an LLC to transfer the ownership into this. I'm comfortable with the whole LLC, b...
David Fuller
Evaluating mortgage refinance offers
Hi BiggerPockets - I'm relatively new to this game having acquired my first home, a duplex we are owner-occupying in the Boston area, late last year. With mortgage rates having dropped in the past 12 months, I'm explo...
Jim Breedlove
LLC Named as "Additional Insured" on insurance polity
During 2015, I set up a Texas Series LLC to hold my 8 single family home rental properties. My attorney filed deeds to transfer the properties out of my name - into the name of the individual series within my LLC. Rat...
Jordan Crockett
New to REI, Goal:close on Multifamily in Twin cities next 30 days
Hi BP community my name is Jordan Crockett, I live and work in Minneapolis. My wife and I are new to real estate investing but we have put in some work education wise, gotten an agent, and lender. Our goal is to find ...
Account Closed
Ohio Forclosure Help...
I am desperately seeking advice...I own two properties, a rental property and my primary residence. I only have one mortgage, which is on my primary residence. Unfortunately, both of my properties are facing foreclo...
Joe Maron
Self-employed underwriting: 25% rule "loophole"?
Hello folks! I have a question about getting a mortgage underwritten as a newly self-employed person.I recently decided to leave corporate hell and started a one-man, one-owner corporation. I pay myself a base W2 inco...
Raina Wells
Does CrowdFunding = Bait and Switch
Hello,I am typing this post with sad hands as I tried a crowdfunding site for my deals. I am not going to name the site right now as I am giving them a final attempt to clean up their mess and yes it is a mess and t...
Michael Glaser
Signing Before Closing Date
Purchasing property, waiting on appraisals. The seller recently said after we signed a sales contract in November that he wants to have the contract go into effect Jan 1, 2017. This is to avoid capital gains he'd have...