Andrii Sazhnev
Owner wantes to move out after closing. What is my best action?
I am in the process of buying out next flip, and the homeowner (an elderly woman who lives by herself) need to move from the property afrter closing, because she will use the money from closing for her next house/ ren...
Michael Outar
Flipping a house with a Self Directed IRA
I am purchasing a SFR with a self-directed IRA along side a non-recourse loan. Much question is this. This home has flipping potential but I will not have enough reserves in the IRA to do all the improvements. Is ther...
Account Closed
structuring investments in canada?
hey canadian investors, quick question: me and a guy i know who is a canadian citizen but not currently a resident are planning to acquire some rentals in quebec, canada, to generate some cashflow. we plan to split th...
Robb Dewey
Hello from the uk eager to learn
hiya guys, my name is Robb.I find introductions hard.I've been lurking for a while learning as much as I can. A lot of things seem to be different across the pond; but much seems to be transferable. I am currently try...
Mike A.
Rental - CA - 2/5 Rule Capital Gains Question- CA
Hello All, First time poster, just joined. I have searched the site about rental capital gains and I believe I understand that you must live in the property 2 out of the last 5 years to escape capital gains tax. How...
Steven Moore
Question About When to Sell My First Property in DC
I bought a unique 90 year old property in the East Capitol Hill/H Street area in Washington DC in 2013 for $710,000 for my primary residence. It has a basement that can be rented out, so that income was perfect for su...
Tracey Hamilton
Where to put expenses for efficient tax prep?
My husband and I have an LLC for our flip business, which is also a licensed general contractor business, in Oregon. I personally also have my Oregon real estate broker's license, which I obtained to help with the bu...
Rebecca Cramer
"Schedule E" HELP for tax illiterate newbie!! :)
Hi friends! I am finally getting to my 2018 taxes and we bought our first short term vacation rental property in 2018. We have receipts galore and trying to fill out our "schedule E" and I have a lot of questions. Our...
Meredith Parker
Best Use of a HELOC
Hi Everyone! I am brand new to BP and excited to get into the world of REI. I am currently in the research/educating myself phase and am also working toward getting my real estate license before tackling my first proj...
Yoochul C.
PM Termination Fees = Robbery
Just found out that through a buddy of mine (and other research from asking other PM's) that these PM's charge an exit fee or termination fee to get out of a contract. Sometimes these fees can be very aggressive. Eve...