Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...
Dear Bigger Pockets Members, My relative, who lives in Turkey and is very old is considering giving me a gift of several million dollars before she passes away. She is not a US citizen. If I were to accept this mone...
Hello!
My wife and I are closing on a 4plex in which we had initially planned on partnering with a friend of ours but we were advised to just take the loan as tenants in common and leaving out our third partner with...
So I finally found a property I want to purchase. I don't have the entire downpayment and I really want to bring in a close friend of mine into the deal that also wants to invest and has the capital to do so. But he d...
Hello. I have a rental home and another person wants to invest $100k and become tic and share in costs profits etc when I receive this money does the irs consider it a sale of the property and taxable or an investmen...
I am trying to establish a working relationship with some agents in the area with the hope that they have some clients or know somebody who wants to sell. Obviously, I know I need to provide them something of value i...
I'm working on a partner deal and we want to buy several properties. They will fund the 20% down on all of them and I won't bring any cash to the table. We are wanting buy & holds while I manage them as short term...
Hey there fellow super-investors. I've been working in the title industry for a couple of years and now breaking into the real estate side of things with a real estate license. I'm looking to gain some experience work...
Good morning collective brain. New to BP and currently groking the books and podcasts. I want help with some perspective on how this partnership would best work please. Say I want to partner with someone to buy a mu...
I have an appointment next week to check out a home. I'm not sure what to look for 100%. The seller says the house needs approximately 50K worth of work. Should I bring a contractor with me to check out the house? I d...