I bought a multi family back in 2013 in what is now an opportunity zone in LA. I'm considering selling now but wondering how or if I can take advantage of the opp zone reduction on cap gains.  

Hey BP Community.A few months ago (pre-COVID-19) one of my seller-financed note holders approached me and asked if I could accelerate the payoff of the note even though the note/contract still had many years left befo...

Hi all,As a Buyer, I was able to get the Seller to pay some of my closing costs.  How do I (as the buyer) treat the amount the seller paid on my behalf?  I assume it's either a reduction to the basis of the property, ...

I'm not sure if taxes will be owed on this amount of money or not. Here is some background. I work with 3 partners. Our LLC worked out an owner-financing deal with an out of state homeowner for a local property. W...

I've never invested in investment rental properties and I have a question.  I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...

Hi everyone! I have a seller financing deal and that I’m trying to analyze and wanted to get some feedback. Details below. Buyer to pay $4000 toward commission at lease signing and seller to pay remaining commission ...

We currently have 2 properties in SC and the non-resident taxes are definitely cutting into our ROI. Was thinking today, since we are out of state anyway, maybe we should be looking in NC or GA. I have searched both s...

Hello - I was wondering if anyone knew of companies that perform tax appeals in Cleveland. Usually they do it for half the amount they save you the first year.  Thanks very much.

I need to reduce the price of my property for sale. A reduced list price means I'm paying less in Capital Gains Taxes. How would a "Credit at Closing to help with Buyer's Closing Costs" come into play?Does this also r...

Hey guys, I bought a house in South Carolina this year and I was told the value of the house is being re-assessed this year for property taxes. I know there is an ATI exemption that reduces the taxable value by ~25%.A...