When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
Hi there. Whilst I'm a newbie to real estate, i'm no newbie to business. At 26 i started my own company (in China) and recently sold it for millions. Now I want to create passive income and I have created a strong ...
Good Morning BP community,My name is Mike and this marks my first post on the forums after being an active podcast listener and forum reader. Here is some background info and then I'll get straight to the point:I am 2...
What's going on BP!It's been a minute.I wrote previous member blog articles about transitioning from duplexes and four-plexes into apartment building investing. We did that in 2 markets simultaneously:Jacksonville FL ...
I recently purchased 5 duplexes in Tampa, FL. All leases state clearly tenants pay all their own utilities. (these leases where in place when we purchased) Seller confirmed tenants pay all their own utilities. All sep...
Greetings BP!!!I have been silently exploring the podcasts and forums. I search for random questions and always find several solutions. I am in awe of the wealth of information that BP has to offer. I know I'm in the ...
I have a few questions about Self Directed IRA's and was hoping that some of the BP community could help me out a bit. 1) Question's for ME: So, I am in the process of becoming fully self-employed. I currently have 2 ...