Jackson Long
doing a 1031 without using a QI
We did a flurry of 1031 stuff a few years ago and parts went well and other parts were a hot mess. We are getting ready to sell one of the houses and buy a different one and I don't want to pay the piper. But I've d...
Malik Javed
Cost Segregation - The Basics
What is a Cost Segregation Study & How Does it Work?
Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled an...
Jay Z.
Average return of a Multiunit?
Hello Everyone,In the past 3 years I have been doing Brrrr investments on individual residential properties and bought 10+ rental properties. My cash return is 20-40%. BTW I didn't know "Brrrr method" until recently I...
Chad Trail
Duplex Appraisal - Comps?
I am in the process of having a duplex refinanced in Ft. Wayne, IN. When I look online I see nearby duplexes that have sold at a price that would substantiate my value in the $180k-$200k range. However, those duplex...
Matthew Barnett
Finding that high net worth individual for MF syndications.
Last December I got into the Multifamily game, we have been underwriting deals from 10-100+ units. We have a lot of great investors, built a great relationship with a property management company when touring deals and...
Brad Ball
First Deal: Too Big a Project?
There are three 4-unit properties available in our market. Each unit is 2 BR/1.5 BA.They are for sale individually but the buyer prefers to sell as a package because they are all on a cul-de-sac type arrangement. They...
Allen Lemay
Group Homes (Housing with Services) - Minneapolis
Bigger Pockets -
I'm hoping you can help me out. My wife and I recently finished renovating a duplex in Minneapolis and are now stuck trying to find renters at the best time of the year. :-) We are being approache...
Travis Elliott
CAN SOMEONE TELL ME THE DIFFERENCE BETWEEN SELLING IN ONE YEAR OR WAITING
I was wondering what the tax difference is between selling a home before owning it for one year or after owning it for a year.. Is there a set tax percentage rate for both?
Adam Odom
Lending to an irrevocable trust
I'm actually a banker and had a trust attorney stump me yesterday. He asked why banks do not lend anymore to irrevocable trusts and I knew the answer was "no" (at least at the ones I've worked for) but didn't really k...
Kyle Wenger
Inherited A Long Term Tenant
Hi Everyone,I am soon going to be inheriting a long term tenant of 13 years. She keeps the house immaculate and wants to stay. The problem is the rent is currently $300 below market rent. As a new landlord, how do I a...