Hi all,I am currently in the process of selling a vacant lot owned by my LLC in Washington state. I have owned the property for about 2 years and will only make about $8k, but I was wondering if there is a way to avoi...

I am trying to get owner financing on a $250k real estate asset. The owner has owed the property between 1-2 years. He is going to make a huge profit. If he agrees to owner financing will this allow him to avoid capit...

Hi, I am wondering if I can deduct "business" expenses prior to purchasing any real estate?  I eventually plan on purchasing an REO property and flipping (and will likely set up an S-Corp), but I might not even make m...

Hi,
I'm in Texas and My dad passed away nearly 2 years ago and I inherited his home which is paid for. I've been living in it and have done heavy home renovations. I know that if I put it up for sale (before my 2yr l...

I am getting my Italian citizenship, and using that as a tool to invest in airbnb style properties abroad. Does anyone have any experience doing this? Would love to chat. 

I am going to lend money to a family member to pay delinquent mortgage payments, and a few bills. He is going to list his home for sale in the next 10-14 days. The money from the sale will be used to pay me back with ...

I was reading an old BP article posted by Jeff Brown regarding the use of excess depreciation and how it could be used in replacement of 1031 exchanges: http://www.biggerpockets.com/renewsblog/2010/01/05/150k-year-exc...

Came across the concept of real estate professional recently and was curious if anyone had elected to pursue this status.  I understand the time requirements and being part time the 50% shouldn't be an issue.  Just cu...

I have a friend that recently received an insurance settlement that far exceeds the cost to repair the damage from a small fire at one of their rental properties. They made the repairs and now are left with a hefty wi...

Hi everyone,I'm doing some excel modeling to analyse properties and I have a couple of questions regarding losses carried-forward. Until today, I thought that a passive tax loss for a given year could be "stored" to o...