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New to BP forums and looking forward to start making connections!I have a scenario that I am looking for some tax EXPERT guidance on what the rules are for capital gains on a co-owned property, and best way for this t...
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Hi,
I have a SFR in Atlanta that I just put on the market to rent out. I got approached if I would be interested in a doing a lease option on it. I have never done a lease option before so I am looking for ...
I did some research here on Royal Legal and ended up subscribing with them, but their follow up has been non existent. I signed up in January and still don’t have any organization or documents in place and haven’t he...
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I live in Delaware and the fees for LLC per year is $300. Just wondering if their was a cheaper state to setup the LLC in. I would like to invest in Tax Liens in several states and also lend money from the IRA.
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I have a question about property taxes and in how investors are calculating what their taxes will be when doing deals. In my state of SC the way property tax is assessed for rentals is (assessed value x .06 and that t...
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Hi All - I have substantial equity tied up in two investment properties (a 5 family commercial property and a 3 family residential property) which I would like to access through Line of Credit products. However, I'...
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Hi, I'm doing research on buying my first 3/4 unit apartment building in Chicago with an FHA loan. I have some question and confusion about the self sufficiency test.
1) When adding the income for your total net ren...
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so I'm selling one of my owner financing notes to another BP member. What needs to be done to update the property status showing that he's the new lienholder. Dose the tenant need to be apart of the deal ? None o...
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Notes anyone Input on Buying Notes.............Pros/Cons Thanks!
I have a tenant whose lease is up 2/29/24. There are two tenants on the lease but one has moved out a few months ago. They still pay half their rent. The person who currently occupies the property has been late but ha...