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Results (3086)
Allen Corona Help! Using my 401k for a down
9 March 2020 | 6 replies

Hi everyone, I am looking to leverage my 401k to purchase my first BRRRR property. Anyone have any suggestions or tips that might help me?

James Palassis Borrower wants to pay significant portion of down
6 February 2024 | 6 replies

I am the lender on a 3 year loan with a balloon at the end, we are 14 months into it. My borrower came to me today to see if I would accept a $50,000 principal only payment, representing about 50% of the total loan am...

David Swatch Franchise Tax in California
19 May 2016 | 3 replies

I am flipping a property in ca I bought in November 2015 . Escrow lady told me I have to pay 3.5 % franchise tax because property is under my name . Is there any way I can avoid this tax any suggestions will apprecia...

Aaron Hunt Can you gift part equity of a home each year to avoid gift tax?
12 August 2018 | 10 replies

Question for RE / tax gurus:If a property is worth $100k, can two parents gift 50% equity of a property to their child and their spouse in one calendar year (2018), and the remaining 50% of equity the following calend...

Tehseen Baweja 2nd Lien Non Performing Notes and Bankruptcy
22 December 2015 | 19 replies

As I educate myself on Notes, I would love to know what are some of the strategies and due diligence requirements when looking at 2nd Lien NPN and chapter 7.Here is an example:Sale Price: $8kUPB: $100KProperty Value: ...

Greg D. Purchasing Tax Lien on property that is in foreclosure
27 January 2014 | 10 replies

I have come across a number of tax liens on properties that are in foreclosure. What happens to your lien when the property is foreclosed on?

Would you avoid these properties? Anything special to watch out ...

Ram Srinivasan Process in Canada
11 November 2015 | 8 replies

Hi Canadian BPsFor Judicial sale Foreclosures (I am in Alberta), can anyone advise step by step on how the foreclosure process works? Even if you can direct me to some trustworthy links, I would appreciate it!Thanks,Ram

Christopher Morin I messed up. Gave PoA to agent for closing
28 March 2016 | 9 replies

Rant/advice please. .. so I closed on the final sale of a flip on friday, and in my attempt to outsource and spend less time "in my business" and more time "on my buisness" I signed a specific PoA over to my listing a...

Darwin Jimenez Acquiring properties through an LLC
28 February 2019 | 7 replies

If I am going to invest in real estate through an LLC, will I be able to buy and hold or rehab properties in any state?....So for example if I file for the LLC in Maryland, can I also go into DC or Virginia to invest?

Nathan S. Home Office Deduction - Mileage
2 April 2017 | 6 replies

Hi BP world, I am currently not taking a home office deduction since the entire space I use in my primary residence for my rental business is also used for personal activities (computer, file cabinet, office desk).  A...