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Results (10000)
Bobby Todorov “Self-employed/independant contractor“ wants to buy a property
16 July 2019 | 3 replies

I’m interested in buying a property, minimum of a 2-family to live in and rent. What would be the best way to obtain a mortgage if I am self-employed/independent contractor??

Yari Vargas CEMA(Consolidation, Extension, and Modification Agreement) for NY
23 January 2019 | 4 replies

Hi BP, I recently learned about a CEMA (Consolidation, Extension, and Modification Agreement), and from what i understand it is specific to New York State. Has anyone had any experience and success using this form of ...

Adam Homan First Tenants in Place
14 July 2016 | 7 replies

I've got my first tenants in place and so far, so good. My real estate investment portfolio has officially started.

David Crothers Tax Suggestions for STR Income on W2 Income
19 September 2023 | 6 replies

Hi all,I've been reading posts on BP for some time now and I'm hoping the community might be able to provide some suggestions. I'm in a bit of a tricky situation, my household annual combined joint income between my w...

11 April, 2024
How to Pay Less Taxes by Buying Real Estate (1 Write-Off You’re Overlooking)

With so many real estate tax write-offs, it’s no wonder that CPA Brandon Hall says rental real estate is one of the most tax-advantaged assets on the planet. But, even with so much free-flowing information on how to p...

Devin Troche Does 1031 exchange apply to hard money profit?
19 July 2021 | 4 replies

Would a 1031 exchange be able to be used for money received back from a hard money loan? If not what would be the best way to reinvest so taxes would be minimal? We invested in a property here in Hawaii 2 1/2 years ag...

Sean Waits Taxes for borrowing private money?
28 September 2018 | 2 replies

So I have been in talks with someone to get private money.  I have gone through purchasing the PPI and giving up 10% of the purchase price as security, as per the contract.  Now the lender is telling me that there is ...

Kevin Carrillo Turning already personally owned property into LLC
11 June 2022 | 4 replies

Good morning everyone,
My name is Kevin Carrillo. I have a 30 year mortgage on a 4 bedroom house in the Dallas TX area. I live in one of the rooms and rent out the other 3. After stumbling upon BiggerPockets on Youtu...

Penny Myers Private Mortgage Insurance
6 August 2023 | 2 replies

We are owner financing the sale of one of our rental properties. We would like to require the buyer to have mortgage insurance. Any recommendations or referrals to companies that offer such a product? 

Michael Plante You pay income tax on your profit when selling correct?
1 March 2021 | 3 replies

Ok I THOUGHT I knew about these things after buying and selling real estate for many years BUT am always eager to learn except when doing a 1031 exchange you need to pay income tax on profit when you sell a property c...