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Hello BP forums, my name is Oscarr Douglas, I am 29, and I live in Lubbock TX. I am making this post for a few reasons but before I dive in, I want to give you a heads up that it may be a little long. Having said that...
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Hey BP Nation! I'm writing the world's best post on 1031 Exchanges. Maybe I'll put it in my next book. But here's the problem: I need you. You see, I need some good stories to go with the post. So, if you've done a 10...
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I was looking at the title report that auction.com provides with most listings. This one is by Data Tree/First American. I copied the section below from the title report and removed the parts that do not add to the ...
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In doing due dil on a newly released tape of junior liens, I see several properties on this that are listed by Zillow as being already sold. I have several questions related to this circumstance.1) Why are these ta...
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We have a tenant who is running an unlicensed daycare. Do we incur any liability? There is no exclusion in our rental agreement.
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I've read a ton of books. I have watched a myriad of you tube vids. Now its time to get over the analysis paralysis and implement what I have learned! These bigger pockets podcasts, forums, and books have really helpe...
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We are planning on selling a SFH rental this year. We have a ton of equity in the property so I am trying to learn about 1031s.
Here’s what I calculated using rounded numbers:
Cost 150
Cap impr 70
Depr 105
Basis 11...
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I have about 25k in cash available. I also have about 45k in non-real estate debt. Credit cards, car loan. I really want to refinance my current residence to get it rented and look to buy a new home. Both the refinanc...
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Hello BP! I have a family member looking wanting to exit his corporate job and start investing in RE. He has $1m+ in his 401k. What are the best tax strategies to mitigate the tax burden and avoid the 10% hit on being...
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Hey guys,
I am new to the REI scene so take it easy on me! I have been soaking up all the info on the website for the past couple months but have yet to find good solid info about property taxes for rentals. I just s...