Zeeshan Anwar
Interest Free Investing
So not sure if lot of ppl know but some religious groups specially Muslims avoid borrowing money on interest due to religious reasons. We have banks that take of our home financing needs either on profit loss sharing ...
Horton M.
Investor Interest Rates
I have seen a lot of people talking about lower rates but all the quotes I’m seeing are higher than they were a month ago. I’m curious as to what other investors are seeing in the market. With the Fed cutting the Fe...
Fred Borek
Imputed interest question.
Is imputed interest for the seller calculated off the entire amount or income received. eg is it taxed on the remaining balance like 200000 with 2 percent tax and 2000 a month payment would be 333 the first month, 330...
Josh Ham
Wholesaling mentorships Interests
Hey everyone, I'm looking to get into a mentorship to give me a basic guide for real estate investing. I want to start with wholesaling since I see it as the foundation for any real estate deal or investment. I'm curi...
Jack Wyatt Jr
Interest rate change
Hello BP, I am hoping you could help us. I am working on trying to keep the interest rate at 2.5% on my mom’s house that we are inheriting now. The property is in a trust but the loan was taken out in my mother’s nam...
Amar Amar
HELOC - Interest deduction
Hello,I bought an investment property with cash from the HELOC on my primary residence. Can I deduct this interest payment as expense on my investment property to offset the rental income?Thank you for the responses/h...
Eric Brauer
Partnership - services interest
Hi All,I am considering distance investing due to the cost of entrance being a little high in my locale. I have a friend who has some real estate experience (mainly legal, local knowledge) that could be 'boots on th...
Tamika Lawrence
Interested in preforeclosure
I found a preforeclosure and researched the owner and found out they are deceased. What is my next step in this process?
Amol K.
Cashout refinance interest
Could you please let me know if the interest in Step 5 below would be tax deductible:1) Buy Property for $100k. $20k cash down, and $80k loan (for simplicity, say interest-only)2) Property appreciates to $150k3) Refin...
Randy Rodenhouse
Imputed Interest Explained
What is imputed interest? This was a term I was familar with but recently became got a deeper knowledge of when advising someone on how to structure a seller carry back note. He had found a house where the seller was ...