I had gotten into real estate with the intent of acquiring rental properties and didn't have intentions of flipping.  As it turns out, last year I sold a rental property that I had owned for about 10 months and the mo...

here is the situation...  i bought a single family house to flip, but decided to move there as my primary residence. I need to get a permant mortgage on the property now in my personal name. The current financing is a...

@Bill Exeter @Steven Hamilton II, other experts....I think I know the answer, but want to verify.  Apparently his current CPA thinks Yes to # 1).Owner has owned 5 plex for 30 years.  He thinks he can convert to condos...

I found a duplex for 48,000. 1 bath/1bed both units are renter for 375. I asked the owner if he would owner finance he agreed but he doesn't own it the bank does. Is it still possible for me to move forward? Is it a g...

I'm putting together a deal where we will have 75-80% conventional funding and 20-25% private money - so no money down. For context, this deal is in Texas. I have the private money lined up and committed. However, I'm...

Somewhat off topic but I am looking to transfer my IRA into a solo 401k for better investments and use the borrowing aspect. I have researched and narrowed down to Equity Trust Company and Specialized IRA services bit...

I am considering forming an LLC for landscaping and a second for construction.  The thought being that it would create additional tax breaks when purchasing equipment etc that would be mainly used to maintain my prope...

I currenntly have 5 properties and am needing to cut down on tax liabilities for this year. I have never done a cost seg for any properties up to this point and understand the fundamentals of the process. However, I w...

Hi All,I'm working on a new construction, which will be my first rental property. I'm starting to think ahead about the advertising and screening process and had a few questions. Obviously, you can't discriminate agai...

A novice question here, figured I can ask the Bigger pockets community for some quick help. I'm beginning the process of building my first spec home. How does the tax side of the sale go when I resell? I know it being...