Jack B.
Do you count appreciation as income even if unrealized, since it
...is after all taxable, lest you do a 10-31 exchange, etc.I know it's not cash flow, but at the end of the day, even though you don't realize it until you sell, can one not consider it unrealized income at least unti...
Jackson Long
LLC members and taxes
Hey folks,Soon we will be taking in some money to purchase properties that will be owned jointly with the investors. If the house is owned by the LLC and the LLC has say 4 members... How does the tax benefit get app...
Joe Attard
Sheriff Auction bidding checks
I successfully purchased a home through our county sheriff auction. However, I am curious how the professional bidders have the ability to bid on multiple homes. In order to bid on a home in the auction, the process...
Harold Arnold
Multi-family Tax Question
We are working on our 2016 taxes. In December 2016, we entered an agreement of sale for a multi-family (Triplex). We did an FHA loan as we intend to owner occupy one unit and rent the other two units. We had a structu...
Keith Jourdan
boilers?
Looking at a 6 unit complex. Numbers look great, but the building has a boiler. So the units do not have separately metered furnaces.
Does this mean I have to pay the gas bill monthy for all 6 units? Is their...
Monika Haebich
Favorite Real Estate Investing Books?
Hi everyone,I'm looking to grow my library and read more on real estate investing, and I was curious to hear if you all had any favorite books on the topic. I'd love to hear your suggestions! Thanks,Monika
Shane Johnson
Capital Gains Exclusion: 2 year between primary sales?
I owned two homes until recently. I bought the first 4 years ago, sold 3 weeks ago. I bought the second 15 months ago. By selling the first house only 3 weeks ago, did I just reset the clock by 15 months until I ca...
Derek Sziga
First Loan gets reassigned/sold years later. Is it still senior?
Hello everyone,In the case of a sherrif sale. If the primary mortgage ends up being "reassinged" years later to a different mortgage company, does that loan still remain its seniority?Situation - Loan for 220k in 2004...
Tony Martinez
Strategy review. What do you think?
I've always wanted to invest in real estate, but I never considered it as vehicle for cash flow. Since I found BP my interest grew and made me read a couple of books, listen to the podcasts, checking the BP blog, etc....
Ethan Wilson
Mobile Home Park Lending
Wanted to see if anyone had any recommendations for lenders for a mobile home park for a new investor, thanks!