Rory Compton
Seller Financing and Taxes for the Seller
I’m curious how the taxes work for the seller. If they are owner occupiers then they won’t have capital gains anyways. So in that case it is really just the income stream they can maintain.
But, if they are tired lan...
Account Closed
Using private financing to help fund an owner-occupied multi-unit
Hello everyone.I have been learning about financing, and how to get started in REI. My husband is 2 years out from University, and I earn a decent living as a recruiter in Canada. I'm contemplating doing a BRRR, but I...
Mike McCarthy
Property management as LLC?
In the process of buying my first SFH for BRRRR. For a conventional mortgage/refi, I'm buying it in my name. It sounds like it isn't worth the higher rates for portfolio or private lending. I'm good with this plan.
D...
Scott Groves
Austin qualified intermediary recommendation needed
I will be closing on a rental property that I have in Michigan in a couple days. The closing was rescheduled due to a change that the buyer wanted to make regarding the loan. The new closing date has not been schedule...
Helen Lee
period to avoid capital gain tax
We bought our new house before selling the old building. We used to live in that building for more than 10 years. How many years do we have to sell the old building to avoid capital gain? I remember we should have thr...
Jonathan Garrett
Information on Cash Sales in Pittsburgh, Pa
Hello BP Family, my name is Jonathan Garrett and getting into wholesaling. I'm starting my putting post its on properties to stir up some deal flow. My question is how do I find out cash sales in my area? I just recen...
Ryan DeLange
Principal payment only loans - legal?
Hi, I've heard some gurus, Matt Terio to be specific, talk about a three option letter of intent. The final option is a principal only loan, where you divide up the payments over 20 years and simply pay off the house...
Marques Rounds
Notes
Were looking at wholesaling a tri-plex in TX. Great Income property or wonderful for extended family!! Currently 1 unit is occupied. Monthly gross 2400 month when all units occupied. 2- 1 bedroom 1 bath. 1 -2 bedroom....
Alexander Gill
Qualified Opportunity Zone Partnership Question
I have been reading up on the benefits of investing in qualified opportunity zones. I am currently selling an investment property my partner and I have owned for awhile. My partner is not interested in expanding his r...
Brian Rudd
New Construction Tax Considerations
Just finished construction on a duplex that I have a construction to primary residence permanent loan on with intent to occupy but after construction my life situation has changed and now I’m looking to sell.I know th...