Julie Muse
Benton St Flip: Fast Profit in Pleasant Hill!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $50,000
Sale price: $160,000
Contributors:
Peter Vekselman
Partner Driven and Archie Raglin bought this ...
Account Closed
Thoughts on using cash or HELOC for down payment on investment property
Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using...
Sam Booth
Success with Propwire?
Anyone have success with Propwire? I just started using it and so far the owner info matches up with the county tax info. I am thinking of getting a list of leads and using the owner info to mail postcards or letters ...
John Sampson
Self filing taxes for small property management company
Hello, let me start by admitting I know I should have had an accountant do my taxes! I have a single member LLC for a property management company. The company collects all rents, so I have 1099 MISC from several agen...
Drew Oberholtzer
Creating Series LLC with Private Investors and Equity Partners
I've been trying to deconstruct the LLC beast and need some clarification on a few aspects of my situation. I'd like to create a series LLC with my wife, who's an architect. We will be investing primarily in Pennsyl...
Logan Jamieson
Annual gift exclusion
Hey all,Question here, obviously i will follow up with a tax attorney but wanted some preliminary info.Due to current mortgage rates I am exploring ways of getting creative. I have the opportunity of a parent who has...
Freeman Schultz
One year rent up front question
If a tenant passes all the requirements and is willing to pay a year up front are there any special tax considerations a landlord should be aware of? For example, if the lease starts on 2017 and ends in 2018, should t...
Bryan Hancock
Taxation For Insurance Claims Kept Instead Of Used To Repair Property
So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
Jasper Cangelosi
Buying my Fathers multi-unit apartment building
My dad has been talking about selling his small 16 unit apartment building, we both have decided that I will take over the complex and he would even owner finance to keep it in the family. Is there a good way to make...
Alex P.
Strategy Options for 1031 Exchange to Husband/Wife LLC
First time posting to the BP forum. Have to send a big THANK YOU to all of the folks sharing their experiences and information in this community. Very much appreciated.I am in the middle of a 1031 exchange, having jus...