Winston A.
Building Basis - "Adjustments for Items unpaid by seller" on HUD
I am trying to calculate my building basis for tax purposes.
Can I add the items under the heading "Adjustments for items unpaid by seller" on my HUD statement? Specifically, "County taxes" on line numbers 211? Thi...
William A.
Fianancing more than one property on one mortgage
I found some condo/apartments selling individually in 25k - 30k range. My mortgage broker told me that I would not be able to buy more than one, and combine them for a mortgage. Is she tell me right? Has somebody e...
Matt Good
Primary occupancy
I'm interested in buying a long term (2+years) investment property with the intentions of building sweat equity. I'll occupy the property. I was interested in using an FHA loan. I want to buy the biggest bang for my b...
Cullen W Jones
Indianapolis - Wish to Develop Symbiotic Relationship with broker
Hello, BiggerPockets! My name is Cullen and I will be graduating with my 4 year nursing degree in July. I will also be pursuing my real estate license in the very near future. It has always been in my nature to provid...
Lawrence Paul
Can I 1031 exchange two properties for one?
Basic question here:Can I 1031 two properties into one property?
Carl Hebert
Commercial Term Loan and Schedule E - Mulitple properties
We refinanced last year (2020) and acquired a commercial term loan that grouped all our properties into one loan.
Question is when we do our schedule e for taxes, can we list as one loan or do we have to break it do...
Arthur Zhou
Co-investing in SFR: appropriate way to account for taxes
My friend and I plan to buy a property together. I'd be a general partner making all the managerial decisions and only my name would be on the mortgage, while my friend would be a limited partner who would contribute ...
Joe Rest
1031 with a change of title
I am the sole proprietor of single-family used as a rental soon to close. The sale price will be 300K and profit of 200K. I would like to relinquish the property replacing it with multiple properties bought with a fri...
Sam Sala
Partner with me - Brooklyn NY
Hi Everyone,I live in Brooklyn NY where it's challenging to find deals. I want to partner up with a young ambitious hustler that has the knowledge and drive to make things happen. I'd love to connect with you guys to ...
Nicholas Delgado
University Lease Advance payment
Hello BP Landlord Community/ Legal Team,I have a housekeeping question for y'all. I do university rentals to athletes at a school that I have a few connections to. Anyways, it came time for yearly rent increases (3%) ...