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Results (6365)
Aaron Cheatham wholesale short contract
21 March 2011 | 5 replies

Hello.
Here's ny situation!!!

Is there anyway someone can.send.me your buyer and selling contract for wholesaling homes? I.have a real estate attorney and he keeps insisting I use the PA realtor contract. It's about ...

Samuel M. Pay Off Loan Sooner?
7 October 2024 | 9 replies

I bought an out of state property and have about $50,000 left to pay off for the loan. Anyone know if paying 1 huge principle payment at the end of each year would pay it off faster verses bi weekly payments?

Jagadeesh Chandramohan Depreciation Recapture
24 April 2021 | 11 replies

When you sell a rental property, depreciation recapture is taxed at higher rate.My question is do you owe the tax on depreciation recapture if you actually had no tax benefit from it during the years you were renting ...

Lukas Loveland Partial Seller Finance Tax Implications
13 March 2020 | 0 replies

I've got a seller that is willing to finance about half of the down payment for a property that i'd like to purchase by holding some of the equity back in the sale of the property. I wasn't certain on the tax implica...

William D. Multiple properties, different banks, can I just borrow from 1?
18 August 2019 | 2 replies

BP!! 

I have 2 condos, both loans from 2 different banks with PMI on both. Curious if any bank would loan me 1 lump sum to pay off both loans at a lower or equal rate. I would not have to pay PMI, I can pay 1 lende...

Julio Gonzalez How a cost seg study helps if an asset gets damaged!
1 April 2021 | 0 replies

You may hear cost segregation and think faster depreciation, but did you know that there are also benefits to having a cost segregation study done if an asset gets damaged?Let me explain.Let’s say you bought a buildin...

Anthony Cennami Moving from minors to majors.
16 December 2015 | 0 replies

Good morning BPer's. I'm an investor and entrepreneur based in NH. Currently I have 5 investment properties with 7 units - all acquired in 2015.  These were a mix of moderate to severely distressed properties which re...

Katrina Edwards Help to Decide! HELOC or Fixed
24 February 2016 | 6 replies

Hi everyone. I've been lurking somewhat and responding to questions within my area of expertise for about a month now, but this is my first post to Bigger Pockets. I need to make a decision within the next 24 hours...

Rick Reeder Possible changes to the 1031 Rule
9 June 2021 | 3 replies

If you're on BP, you probably already know that real estate is a smart way to invest and build wealth. There are many reasons for this - real property will almost never fall to zero, cash-flowing assets that also app...

Greg Schreffler UPDATE: Met with loan officer today
17 November 2022 | 3 replies

Today I met w/ a loan officer & discussed options. As you know, to qualify for VA or FHA one has to live at property. So that option’s not available for me b/c my 88 yr old mum & hearing impaired daughter live...