Kwambe Smith
New Mexico Land Investing
Hi BP Members,I've been given the opportunity to purchase some vacant lots in New Mexico. The lots are in undeveloped subdivisions located in Luna County and Sandoval County. I've seen pictures of the lots and they a...
Jacob Henderson
Hiring CPA vs. DIY Online Software
Looking for some advice on which route to take to get my taxes done this year. In the past I had only W2 income and a single member LLC for drone video production, so using an online tax software has worked well for ...
Catherine Javier
How to negotiate AS IS Duplex after Inspection?
Hello everyone, Newbie here. Needing your expert opinions.My spouse and I are under contract for a 1942 Duplex in FL. Yes it is old and we are wanting to BRRR this in the future. This is our first time in real estate ...
Henry Clark
Self Storage-So you just died. Did you send your family to Hxxx?
There was no reason, but the day I hit 30, I realized it was “ME”.
Everyone around my family was doing fine, work was great, it was a
nice day. Just for some reason, I realized I was the person in
charge of my li...
Anthony Gayden
Non-Accredited Investor with $200k
I am selling one of my properties and doing a 1031 exchange. The property is currently under contract and I will likely make around $200,000 profit. I have already made arrangements to do a 1031 exchange. I want to ta...
Mark Gruetzmacher
Tax Question
Hopefully someone can give me some helpful info. My main concern is with the tax implications.We just purchased a SFR, actually a Manufactured Double Wide on a Basement and 1 acre of land. The property is being purc...
Larry Mankins
Lake house purchase...parents want in
Wife and I are looking at retirement/recreational property we won't occupy full-time for 10+ years. Will be happy to vacation there several times a year, we love the lake. Parents want to throw money in so they can ...
Mike Lynch
Help with 1031 exchange question
Hi,I realize that I cannot exchange investment property for a Personal Residence.I was told that I can do a 1031 exchange for a rental or business property.For instance: What if I purchase a "Bed and Breakfast" or cam...
Mary B.
SAY GOOD-BYE TO HUD-1
Greetings BP,I'm not giving any advice here, legal or otherwise, just sharing a reminder / FYI as October 3rd rapidly approaches, which is when the new TILA-RESPA amendments goes into effect. I've included a few links...
Adam Giles
Fair Housing - Therapy Animals and Pet Deposits
I have been searching around in previous discussions and have not found anything specific regarding my concern so I am posting this discussion on an admittedly common subject so people can hopefully share any experien...