Travis Elliott
I'm in need of a Buy Sell form......
Hi everyone I am buying my second home and my first FISBO... I need to come up with a buy sell by Monday... Any ideas?
Thanks in advance
Travis
Roberto A.
Depreciate a rental property bought with 1031 capital
Hi all,Here is my basic case to understand depreciation when a property was bought using a 1031 fundMy primary residence was sold with a capital gain of $200,000A new house of a listing value of $350k was bought with ...
Andrew Yu
Tax Questions on Using My Home's Rooms As AirB&B
I'm about to make my spare bedroom's AirB&B live. My question is what's the best way to report my income on this and also reduce taxes? Put my home in a LLC? We don't want to miss out on the zero capital gain when...
Ragan Manning
Best options for selling 25 acres
I'm working with someone who is trying to sell their land with a pond (no structure). They are hoping a commercial company will come out and buy it since the location is right outside Houston, Texas on 25 acres. The s...
Margarita Bozhenkova
Seeking Advice on Challenging Partnership: How to Minimize Losses and Move Forward
Hi BiggerPockets Fam,
I’m reaching out for advice regarding a challenging situation my husband and I are facing with a real estate investment. We entered into a partnership to purchase a mobile home for $105,000 with...
Ryan Cleary
How much should I set aside for capital gains?
I currently own a duplex, incoming rent after management fees comes to $2256, mortgage is $1252. I obviously am setting a good portion of the cash flow aside for futureExpenses but how much should I be setting aside f...
Nold R.
Multiple Member LLC and 1031 Exchange
I have a multiple member LLC and the other members want to cash out on sale projected in Q2 2025 but I want the option to do a 1031.What are my options? Im based in CA.
Jak Dadi
Section 8 headache?
Greetings! i closed on a short sale 4 plex in Stockton in January. All units vacant but for one section 8 tenant who lost her vouchur before close of escrow. Seller had let her stay by collecting her portion of the re...
Elizabeth Hernandez
For Sale by Owner
Hi, I want to sell my single family house on my own. I am reinvesting a good portion of my equity into a side by side multifamily house. I plan to live in one of the apartments and rent or AIRBNB the other. Does anyon...
Jason Agulay
Leas option question
we are moving into a friends house and renting. they are moving to utah and said if we wanted to we can do a lease option to buy. How would i go about doing this? we have already signed a 1 yr lease and move in at th...