Robert Thompson
Capital Gains Tax or 1031 Exchange
I need to know if it's better to take the capital gains tax hit or do a 1031 exchanges? The house is in CO. I live in NC and want to buy more rental property closer to home.Here are the factors.Mortgage is 115K House ...
Austin Holmes
Single Family Ownership Split agreement
Hello,
A friend and I have agreed to go in on a SF property to live in together for a few years. We then plan on renting it out. We will be contributing different amounts of up front equity but splitting the mon...
Juan Carlos
Syndication - Limited Investors
Good day BP community!We have a potential investment with a Syndication for a 10-unit apartment renovated for short-term rentals. We are coming into the Syndication as Limited Partner by adding capital to the fund. We...
Brandon Sturgill
How Would You Invest $20,000
My REI model is SFH rehab and resell. Looking to take on my next project and will have $20k free capital. Any suggestions or thoughts on this?
Ceasar Rosas
House hacking!
Hi Everyone, I'm currently living in one unit of a 2 family home with an unfinished bsmt. I own this home. A few details, home is worth about 440k-450k, monthly PITI is about 2700. My rental unit rents for 1550. My qu...
Steve Iacobbo
Unique opportunity with property I already own
My personal residence and a commercial property I own are on the same piece of land under the same mortgage. The commercial part (separate address, yes separate address but on the same mortgage, go figure) needs some...
Lou Dessaint
1031 Multiple Properties
Hi All,A friend is considering a 1031 exchange. Currently, he lives in NC and plans to move to NY. He has a rental property and a primary residence in the state of NC. Is it possible to sell both properties and 1031 i...
David Stone
Pay off debt + 1031 exchange?
Hi, we have a property we have held for nearly 4 years. It cashflows and has appreciated in value since we purchased. With the profits, we are looking to sell it to pay off debt, get us out of the rat race, and pick...
Patrick G.
Good markets close to CA
I currently reside in CA and am looking to start doing out-of-state investing with a turnkey provider. Given free cash my plan is to start out modest (SFRs in the 100k or so range). I also have a more than full-time j...
Mike H.
Depreciation does not cover rent. (50% land). Help
Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...