I am part of an LLC that wants to sell a property using the 1031 exchange..One of the 6 partners does not want to exchange and wants to take hismoney out and pay the necessary taxes.....Is it possible to pay this part...
After flooding rains in GA, an unfinished basement flooded. The tenant wants me to pay for her damages after basement flooding.
Insurance doesn't cover it. My lease states I'm not liable. Her claimed damages inc...
I have a question about using seller financing and then taking the property back and re-selling them using seller financing again. When you do this - do you have to pay Excise tax every time you sell again? So if y...
Hi BP Community! This is my Very First Post. Goes along with stress right now in trying to figure out how to structure my Very First Project. I wanted to put this out there as a contest to ramp up responses and ideas ...
Helllooo BP,
Hypothetical question.. If I were to purchase a property "subject-to" from a motivated seller and 6 months down the line the original owner wants to purchase another property that he/she will be ...
I have been investing in 3-4 unit properties in Chicago for the past 4 years and everything is going great but I feel like every time I purchase a new property im taking two steps back. Like im taking from Peter to pa...
I'm currently interested in a 20 unit garden apartment for sale that is listed at a reasonable CAP rate. My issue is that the property is owner managed and the NOI provided is based on expenses that would not be r...
We are "rookies" when it comes to Wholesaling, but have done almost 50 in-house rehabs. I have a couple Investors stating they want properties that are "60% of ARV minus Rehab Costs". We are extremely inclusive of exp...
Hello BPA quick intro as this is my first post! I'm a new investor from Anaheim, CA. I have been trying to educate myself on REI and have learned a lot thanks to BP. Podcasts, forum and books have been incredible, i w...
Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...