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Say someone wants to sell off some SFR properties they currently own (individually) and take the proceeds as a 1031 Exchange and invest into a LLC that is going to invest in single family real estate. Under what circ...
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My name is Trevor Foster living in Gaithersburg MD. I'm 28 with no kids working 2 jobs. My Full-time job just happens to be with a company called Barron's Lumber, we supply and provide materials for building professio...
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Hi! I live in So. Cal and am looking at buying a 55+ condo as they are about 50% less than non 55+ communities. The cash flow on the rent seems really good. Has anyone had experience buying this type of property?
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Tristan Bliss is founding President and CEO of VentureWell, the business referral organization in Ontario for JV, investors and alternative lending solutions. Tristan has been an independent business owner for 20+ yea...
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If I do a 1031 exchange but I can't find a new property do I have to pay a penalty or will I just end up having to pay taxes
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I have a question about a future 1031 exchange my fellow BP’s. Currently live in a owner occupied 5% down conventional loan home. I’ve own the home for a year to date. I want to buy a new home to do a live-in flip and...
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Hello everyone,
I passed my real estate pre-licensing class this week and am scheduled to take the Florida state exam next Thursday. I am confident that I will pass next Thursday, so I want to get started on finding ...
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Looking for some advice from Tax experts, like @Steven Hamilton II.Sold an investment property in California. Opened a 1031 exchange. In escrow to purchase a replacement property (8-unit) in Nevada. Recently opened a ...
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Good evening,I am currently looking to start setting up my small operation for its future success! Part of doing that will be getting all the proper paperwork filed, setting up website, and activate marketing campaig...
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Hey BP,I went to see a potential flip here in Maryland. I wondered what the response on BP would be for an initial rehab estimate.So if any experienced rehabbers wouldn't mind giving their estimates on how much a full...