Kelly N.
Stock option- Sell to buy real estate, tax implications?
Hi all,
My husband's employer gives an option when they hand out bonuses- you can take the cash or you can take it in stock. He is wondering, if he takes the stock, what would the tax implications be if he sold the ...
William Chan
Which mortgage would you choose?
Anyone can tell me which is better? (my math sucks)
$650,000 mortgage, 5 year fixed(closed rate)
1- 25 years; 2.55% with $2000 cash bonus ($2900 per month)
2- 30 years; 2.49% ($2560 per month)
If I ...
Travis Boissonneault
Advice on my first deal aside from my house hack!
Hey there everyone, so I have my first creative deal I’m putting an offer on and would love a bit of input.
The deal is in Peterborough, Ontario and this is scenario 1. $150,000 of private money at 7% and $125,000 o...
Leland S.
How much to put into rehab?
Hi, I'm on my first flip and have all these great and expensive ideas. I'm not sure which ideas are worth the money though. For example, I could just refresh the kitchen with all new hardware or I can open up a wall t...
Jim Hwang
Help! I'm on Day 45 of my 1031 Identification period and just thought to ask this...
Hello BP community,I am about 11 hours away from letting my 1031 exchange fail after much back and forth. To defer all taxes, I would need to reinvest at least 250K. Currently, my QI is holding about 110 in capital,...
Aaron Miley
Questions Creating a Syndicate, am I being fair?
Good morning fellow BP'ers,I'm reaching out to get some opinions and tips on creating a syndicate so I can pool resources and purchase big deals. I'll write up my plan and see if anyone would be willing to critique it...
Account Closed
Please share your insights and experience to help me make the best decision!
I recently own approximately 1.5 acres of commercial real estate zoned R-3 moderate density multi family in Green Bay WI.I talked to a developer who estimates site fully developed could fit approximately 3 buildings...
Jayme B.
Need help figuring out buying power
Hi all - I just went through a lengthy process with a lender to figure out how much they would lend on an investment property based on my income and other factors. They gave me a qualifying income range but I'm not su...
Taylor Jones
How to pay $0 in taxes on a STR generating over $120K in revenue
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Blake Bailey
Thoughts on Section 8?
My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...