Nick Frey
1031 TIC into property already owned
Hey BP crowd, I've always been a reader but this is my first post. I'm always in awe of the cumulative experience and intelligence found on this site, so thanks in advance for thoughts and input!Quick background: I'm...
Matthew Rembish
Lending Money to Brokers
So I have been recently talking with my real estate broker and had mentioned that I would be willing to lend to other investors at a 10% interest rate while I was out of the game for a little while and studying for an...
Aaron Fox
Assigning a Purchase Agreement
When you get a property under a purchase agreement contract, what happens if you cant find an investor to assign it to? Does the contract become void after a certain amount of days or are you forced to then purchase t...
Michael Sutherland
Lawyers! AAARGH
Planning to make an offer on an 18 unit multi-fam - the realtor has little experience in this and gave me a plain vanilla purchase contract that really doesn't apply. Went to go see an attorney to get his advise on ...
Andrew Karpman
Appraisal Report Request from Sellers
Hi, we're in the process of purchasing our first property, and we're in the negotiating stages of the deal. We've already requested that sellers repair the big ticket items as was indicated in the home inspection repo...
Karli Mullen
Brand New Investor !
Whats up, BP?? My name is Karli and I am BRAND NEW to real estate investing and trying to learn as much as I can! I have decided to start by wholesaling houses in order to gain capital to purchase my own BRRRR or fixN...
Juan Contreras
Is the $25,000 special allowance only for Married individuals?
I would like to make use of the special allowance. However, I would be filing as head of household. Would that mean that I would only receive a $12,500 allowance?
This is what the IRS writes:
Special $25,000 allow...
Hillary Young
state tax much higher than fedral for W2 earnings of $14k ?
Hi, I have a question regarding my 16-year-old has W2 earnings of around $14k, so he will pay $160 for federal tax after standard deduction. But using turbo tax his state tax turns out to be $588, does that sound rig...
Michael Connolly
Securities Attorney:question and recommendation
Good morning 1. Is it necessary for a securities attorney to be in the state in which you are investing in? 2. Would anyone provide a referral or two for a securities attorney? Thank youMike
Bob Stein
Issuing 1099s to contractors
Hi. Do I need to issue 1099s to contractors that did standard renovations over $600? Thanks