Steven Clough
Combined business use/primary residence property
Forgive me if this isn't in the correct forum!Ok BP forums, I'm in a bit of a conundrum trying to accomplish this transaction. Bear with me as I do my best to outline what's up.My family and I are trying to relocate f...
Robert Weaver
Personal residence as collateral for business loan
I am a partner in a hard money lending business, but sometimes a deal comes along that we are not interested in doing for whatever reason. Occasionally I will do a deal myself. In this case, I have a borrower who ne...
John Oliver
LLC for business & interest deduction + residence?
I have some questions regarding the purchase of a personal residence, potentially via an LLC (state of CA). The following describes the scenario and goals (which are somewhat unique). The names and amounts are fiction...
Wade Fisher
Allocating from business account to fund primary residence
Hey everyone, I've been lurking here since last fall, and finally have a legitimate question I'd love to get some feedback on. I will be speaking to a CFP on Monday, but wanted to check here to see if anyone had dealt...
Maurice Etienne
Selling a personal residence to a business partner
Hello all, my business partner has a personal residence that I would like to purchase. He is a few months behind on the mortgage and I plan on renovating and using as my primary residence. are there any regulations or...
Fiacre O. Brissi
Primary Residence Refinancing under business or personal loans .
I am in real estate investing with a LLC already established. Our primary resident is in need of refinancing. For those being in real estate for so long , are there any benefits tax wise (Obviously my local CPA is loo...
Suhaib Rehman
From resident rental to business/short term rental
All,I own a 4 bed 2 bath single-story single family home in the Sacramento area—this I have rented for the last few years. Since I am not a real estate agent, I couldn't use the asset depreciation (QBI) as this is con...
Jacob Chance Cunningham
Rental vs Cash for new primary residence and business
I bought my first house in 2019 and has appreciated $150,000. My family is growing and my wife wants to move into a bigger, new construction, house. I want to keep my current home as a rental but my wife wants to sell...
Felix Maldonado
Opinions on a property that has residence and business
I'm looking at for my FIRST property. First and foremost this is in a rough city but its on a mainstreet so I feel it helps. Its local to me and I feel if I can add add add a fence and add surveillance if need be it w...
Ankur T.
Guidance to get lending for primary residence for business owner
Hoping someone can help guide me, but the basics are neither my wife or I have steady income history, certainly not for the last 2 years. We have owned businesses but I haven't paid myself a real salary until just 6 m...