John Acheson
How to transfer 1031 six-plex into LLC WITHOUT triggering taxes?
We're entering year 11 and $270K depreciation has already been takenand the original basis of the 1031 plus improvements might be $50K.The property has always been held and managed by one individualso Is there anyway ...
Taheerah Amica
New Investor Looking to Pull the Trigger & Buy Multi-Families
I'm a New Investor. I have been a Real Estate Agent for 2 years and I love it! I have also been a Supplemental Teacher at a public school district for 18 years. I have decided to make a change. My goal is to retire ea...
Amine E.
About to pull the trigger.. .but still nervous about this deal
Hello fellow BP'ersI m looking at 7 condos in a 24 unit condos community spread over three buildings. The condos are in good share and in great area. I would consider them B+. The current owner have them all leased lo...
Michael Lilburn
Ready to start pulling the trigger on some deals in MINNESOTA
After a long visa process, lockdowns, travel restrictions and more, I am finally in Minnesota and ready to start pulling the trigger on some deals (Just need to find some first :P )
Just wanted to say Hi and looking...
Baird King
Does the sale of a minority share trigger a tax assessment?
My wife and I purchased a property with a partner in a 1/3, 1/3, 1/3 split. We recently purchased his 1/3 share and I am wondering if that will trigger a tax assessment? We had to refinance in order to pull out cash ...
Phillip Trujillo
Shall we pull the trigger? - Owner financed deal in middle GA
Good morning Bigger Pockets!
My family and I are moving to GA in January (I’m active duty USAF) and we are looking for a home. I stumbled across a property listed FSBO on a well-known military "yard sale" type site...
Jack B.
Will my rental property sale trigger capital gains in my case?
I take it the answer is a yes because the sale and purchase price difference.I bought the house for 310K.
I can sell it for 400K.
I put 100K down when I bought it.
I recently cash out refinanced it.
After tra...
Shawn Ackerman
SAY "CHEESE!!!" STATE? READY TO PULL THE TRIGGER IN MILWAUKEE WI
Out of all of the markets I've looked in and all of the offers I've submitted, I think Milwaukee is where I will land. I'm a New Yorker so this journey will be Long Distance. Looking for some guidance regarding prop...
Steven M.
What Subtle Things Might Trigger A Permit In Rehab (L.A., CA)?
As a former home builder and land developer in Los Angeles County, I am quite astute to knowing how and where to submit plans and pulling building and land-related permits and all the fees required to do such work. Th...
Kristina Jensen
Does a gut-job ever trigger a Due On Sale clause?
Scenario:You buy an owner occupied property, then immediately start a full gut job renovation. Depending on permitting delays, labor/material shortage, COVID related delays, inspections, actual work conducted, etc., ...