Brandon Proctor
Are you Only a Real Estate Investor?
Good afternoon BP!So I attended this free financial seminar last night at my local church and the speaker mentioned on many accounts that he invest in RE. He also says he dabbles in other ventures such as stocks, gol...
Patrick Fricchione
Cost Segregation Analysis for primary residence
I have an investment property in an LLC acquired through a 1031 exchange. Should I decide to demo the property in 4 years and rebuild, can I do a cost segregation analysis and use it as a primary residence or will the...
Marcus Johnson
1031 exchange
I'm about to buy a property that is a short sale. My question is that I'm still debating whether or not to buy and hold or to flip the home. I already have the math figured out on both ideas, but my question is...
Michelle Martin
Property from hell!!! Advice needed
To make a long story short, I just purchased a SFR out of state that was occupied with a long term tenant. Well the tenant decided to move out a week before escrow closed. On their way out, they left a few broken wind...
Ethan Epps
Owner Occupied Foreclosure, Help
Closing on my second foreclosure bought at auction tomorrow in SC. It is owner occupied still. I informed them two weeks ago that I won the property at auction and would need to take full ownership of the property on ...
John Nguyen
1031 Exchange - Fail to Purchase All Identified Properties
Hello everyone, Hope if anyone could help me with this situation.First-timers doing 1031 exchange. My brother and I sold a rental property for$345,000 in August 10. Purchased at $220,000.Sold $345,000Fir...
Mike Brautigam
Have property, needing funds to develop whats the best strategy?
Hi all,We have family property that a portion was recently released from the ALR. We're now looking at submitting a subdivision proposal. The neighbours on both sides have recently subdivided and sold off almost all t...
Charles Hill
Canadians Investing In Indianapolis
Hello BP Members,
Here in Vancouver, BC I have spoken with several people who are interested in investing in single family homes and duplexes in areas other than the Sunbelt. Memphis is one area. I am interested in I...
Will B.
Taxation of Unrecaptured Section 1250 Gains
Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...
Nick Scalero
Here's how we should have spent the bailout money
Maybe I'm naive but here's how I think we should have spent the first bundle of bailout money.
1) Take a look at each loan in Foreclosure and see what could be done to get them out of that state. (buy down interest r...