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We have three lots with two houses on them that are all deeded together and are covered under a single property tax bill. We lived in the large house and the guest house was lived in by my daughter and her family unt...
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I am going to lend money to a family member to pay delinquent mortgage payments, and a few bills. He is going to list his home for sale in the next 10-14 days. The money from the sale will be used to pay me back with ...
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I have heard two different opinions recently regarding depreciation recapture taxes in a partnership. Let's say Investor A is part of an LLC with Investor B that owns an apartment building. Investor A is assigned th...
Newbie here.
I am closing on the sale of my rental property (a two family row house) and weighting my next options: cash out and pay the capital gains tax for my next home or find another investment property for a...
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Investment Info:
Other other investment.
Purchase price: $3,987
Cash invested: $5,430
Sale price: $17,900
This is a portion of the listing ad:
Wonderful, Level lot, Overlooking the 13th Green of ...
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Hey All - I have an opportunity to partner with someone on a flip. This person would provide the construction and project mgt portion of the deal, while I would provide the financing (and some labor). Is it fair to as...
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Hello, we recently completed a sale of our apartment complex for $850,000 that was on a standard commercial loan. We used a 1031 exchange intermediary and then purchased a condo in Florida all cash for $360,000. We we...
Hello everyone. We are in the process of developing a few commercial acres. We have two buildings going up that will be offered for sale or lease. This is not our main business. If we were to find a buyer for the prop...
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I built up my rental portfolio over the past few years and am now looking to sell it. I built it in blue collar neighborhoods and the management process is not something I am interested in participating in anymore. ...
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Hello Bigger Pockets! Lifelong Queens resident here. I grew up in Richmond Hill, rented in Astoria for a few years and my wife and I bought our first house last year; a multifamily in Jamaica. We have been living in o...