Mike Schneider
Allocation of share in a JV BRRR when partners bring unequal $$$
Closing on a property in a few weeks (my first ever). I can either complete the transaction in my name or assign it to a corp upon closing. I'd like to do the project as a JV or toher type of partnership in some way s...
Bruce Runn
Money allocation in excess of bank's bid in a foreclosure auction
Does the owner of a property get the excess amount over the banks bid in a foreclosure auction? When do they get it? I'm helping someone who was foreclosed who cant afford to redeem but the winning bid was quite a b...
Cole Holloway
Real Estate vs. Stock Investing: How Do I Allocate My Capital?
Hey everyone. I just wanted to see what sort of response I could get to this question as it's something that's confused me for a little while now. Thank you in advance for all of your responses! Sorry if I come across...
Amanda G.
Move allocation from self directed IRA to self dir ROTH issues?
Hi All,I have both a self directed traditional IRA and Roth IRA. I'm wondering if it is possible for my annual contribution to move assets from the traditional to the Roth rather than contributing new money to the Rot...
Ayne C.
Cap ex and repair reserves on a duplex
I'm under contract on my first multi (yay!!) and I'm setting up my accounting. Is there a number you like to set aside as cash reserves for cap ex and repairs? Is there a number per property you like to leave in the...
Adam Byrne
MultiMember LLC, taxed as Partnership question
Hi BP!I am a partner in a multi-member LLC, taxed as a partnership. Since I'm actively managing, I pay myself a management fee and 1099 myself at the end of the year. I like to show the income to season my tax returns...
Dee Jesse
Primary Residence: Portion Used as Rental Questions
If I want to continue to live in my primary residence AND now rent out a portion of it to a renter, am I able to do so? Would I have to inform the lender? Can I then treat my property as an investment/income propert...
Jason Bilbrey
Can I “sell” excess bonus depreciation?
I’m purchasing an office building for $5+m in 2022 with plans to do a cost segregation study to take advantage of 100% bonus depreciation. I won’t be able to use all the depreciation immediately and it’s my understand...
Ferny Espinoza
Bonus depreciation against with passive rental capital gain
I have question regarding bonus depreciation related to one transaction and the sales proceeds of a different property. I will use simple numbers for this question, assume everything transacts in the same year (2022),...
Marcus Hendren
Like to Like
Can you roll the sale of an SFR into Ag Land with a 1031? Where is the line drawn on like property to like property? Just trying to compile as many exit strategies as possible.