Tom Gillotti
TSP Loans just got really affordable
...if you have tested positive for COVID...https://www.tsp.gov/whatsnew/C...Snapshot:To be eligible for the CARES Act loan options, you must be a qualified individual. You’re a qualified individual if you meet at leas...
Troy Michaels
Wholesaling and Tax Preparation
Got a quick question about wholesaling and taxes. When wholesaling, are you issued a 1099 or anything from the hud 1 form or do you just make sure that you take care of the taxes on your own according to how you are s...
Colin Williams
Long term capital gains tax
I have a question about long term capital gains. My original basis in my primary residence was $230k. I refinanced at $600k with cash out. Is my basis still $230k or does it increase to the $600k? I'm trying to figure...
Mesa Mao
Buying Turn key rental.
Hello all, has any of you guys purchased your rental from a Turn Key operator? Who did you use? How was the experience? And i assuming they are all cash flowing right? Thank you.
Sandy Reddy
Mortgage
HI All, I am planning to buy a property through sheriff sale. Once i do a cash buy, Can i get a mortgage on the property that has IRS liens ?The property has Condo/HOA liens ? Who is responsible to pay the Condo/HOA l...
Ross Gallo
Pullback Vacation Rental bookings if we enter recession?
Hey BP community!I’m about to start building a vacation rental in the dessert near Joshua Tree. I’m starting to feel that by the time it’s built we could be in a rescission (if we’re not already). What will this look ...
Steven Rosenfeld
Are STRs Played Out?
Would love to get into STRs, particularly in warm climate, waterfront locations that can operate year-round. Anyone know of markets that have some value to offer? Seems like the "usual suspects" are in bubble mode. Th...
Khaled Majouji
Any value in holding expensive and appreciating non cashflowing property?
Ok this may or may not be long, so if it turns out to be, please bear with me :mrgreen:
I currently own a 3 unit building that I plan on converting into a 4 unit later this year (the garage will go and I will build ...
Angel Dejesus
1031 exchange to be Done in Massachussettes
Hi BP it's been a while since posted anything. I'm in the Market to do a 1031 Exchange in Massachusetts if I sell. Quick Question will I be able to-do a 1031 before or after the sale of the Property. Since I'm selling...
Lisa Poulsen
Challanges of renting on Airbnb
For those investors renting on airbnb, what are your challenges/pain points of STR? Do you have a management company that handles all your bookings, why or why not? Are you happy with them, why or why not?