If there is a house owned by a trust and all three trustees currently have ownership of it. Is there a way to buy out one trustee without triggering capital gains taxes?
Figured more Tennessee investors would be here to help out.I'm trying to see if anyone as the owner of rental real estate property in their LLC has had luck in getting the FONCE exemption ?
Basically I'm looking to b...
I live in Torrance, California and I am interested in buying single family home or multi family units in the lower price range and start renting them out. Please suggest any resources for me where I can look at the pr...
My wife and I recently where able to get a HELOC on the home her Parents have. The home was paid and unfortunately, her dad passed away. Her mother is still alive but moved in with her sister about 2 yrs ago. Since th...
Hi BP community,This has weighed on me for quite some time. I grew up on this 6 cabin property in northern WI that my parents own. This includes a larger house they live in 50 yards behind the cabins, behind a road....
I found out yesterday that one of my tenants was killed in a car accident early Saturday morning. I feel terrible to say the least. This is in my three family property and he was room mates with another guy who is h...
Hi everyone, I’m a new home owner / investor and need some advice. I just bought my first property last month in New Jersey. I am house hacking and have roommates. I only spend 2-3 days at the house and spend the rest...
How to Gage Economic Conditions
These are ways to determine economic conditions:
- Local Sales Tax Reports - paying close attention to the major factors affecting the major employers
- Auto sales - dig down to le...
Do you have your Estate Plan / Trust in place? If not, then you are not protected from wealth destruction and the Big 4.Most come on Bigger Pockets to learn to invest and build connections. Then they realize the need ...
Hi Everyone my name is Tristan Romero and I am currently living in San Jose CA with my parents paying no rent. My girlfriend and I have saved $30,000 in cash reserves and I could get another $10,000 from borrowing aga...