Joe Wood
inherited IRA question
Hey everyone,Tax question regarding an inherited, traditional IRA.I am a non-spouse beneficiary which was listed in the will of the deceased. Therefore, it does not have to go through the estate and probate period.My ...
Stanley Nguyen
Tax on private lending fund
I have been lending funds to a close friend of mine for a rate of 8%. I got a 1099-INT from him to file my tax, which I paid a big portion out of 8% (effectively around 6% after paying the gov). Is there a better wa...
Alex Sanfilippo
LLC?
Hello, I hadn't given much thought about the type of business to register when starting in REI until I read this post by @Brandon Turner: https://www.biggerpockets.com/renewsblog/2016/02/2...LLC just seemed like the r...
Scott Trench
"Preferred Equity" = "Second Position Lending" And Should Be Compensated Accordingly
When a syndication or fund wants to buy an apartment building, for, let's say $10M, they have two basic options to finance it:
- Debt
- Or Equity
Equity is expensive, as investors demand high returns. It takes on ...
Jack Tucker
Cash-out refi, buy, sell then 1031?
This is probably a very basic question, but I have no shame when it comes to learning here in BP: I'm about to do a cash out refi on one property (#1) I own free and clear in order to use that cash as a down payme...
James Free
How does foreclosure work in second position?
Google the foreclosure implications of being a debt-holder in second position, and you'll find a bunch of articles explaining that if the house sells for less than what is owed, the person in second position gets scre...
Kurt Granroth
Why invest in a deal with a tiered Class A / Class B split?
Class A / Class BThe practice of splitting the LP investor equity group into Class A and Class B (sometimes: "Series A" and "Series B") tranches is already extremely common and seems to becoming almost ubiquitous. Ins...
Timothy W.
Oh Tim, you don't need to carry a gun....
http://archives.chicagotribune.com/2009/jul/06/local/chi-landlord-dead-6jul06
Karla Yudy
Help! Just got my 1st Mobile Home Park Under Contract!
Any experienced mobile home investors out there? I'm looking on some feedback about what steps to take when buying a mobile home park as I have no experience with mobile homes! This is a small park (only 6 homes) so I...
Victor Solomon
Can I acquire multi-family property through my S corp?
hey guys -- here's one: - I live in a multi unit property (4 units) and would love to make an offer to acquire it from my landlord / owner- I have a single owner S Corp that does well, I pay myself a reasonable W2 sal...