Sam G.
Newbie Looking to Move To Seattle MSA
Hi I am an investor looking for houses or real estate to flip. My strategy is to buy improve and sell, and later look to investors to join up with, My interest is new building, flipping houses and commercial real esta...
David Yee
Should I have cash on hand before investing in Real Estate?
Hello,I'd like to start investing in real estate within the next year. I don't have much cash on hand because every month I put money away into index funds and only keep enough in savings to cover about 3 months worth...
Cade Olof
Looking for House Hack Financing!!!
I am currently looking for my first rental property. I am located in Tucson, AZ and looking to purchase a multi-family where I can house hack. I am looking to get a FHA loan because of the owner occupancy. I have shop...
Aaron T.
Negotiating buying in service VR
I am looking to buy another VR. This property [SFR] is already in service as a successful VR. Looking for advice on how negotiate buying an in-service Airbnb. I figured a starting point would be the Comps for the prop...
Ayo O.
Capital gains tax question here
Hello BP,I will be selling a house that use to be my primary residence from 2009-2015.I am being made to sell to a railway company through eminent domain.The house became a rental from 2015 till date.I was wondering i...
Account Closed
gain/loss on sale of rental property
In 2007 I bought a condo for $190k. In 2013 I moved and converted it to a rental as I was too far underwater to sell. The market value at that time was 70k (basis for depreciation). I've taken about $8,000 in depre...
Kyle Doney
Need Capital Gains Tax Advice
July 13' my parents gave me a loan for my primary house because I am self employed and had a hard time getting a loan. I should be able to get a loan after tax season and buy the property. Since they are helping me ou...
Stephen E Drew
Living in a 1031 Exchange building
Hello Everyone. Hope all are well and prospering. I am inside of a situation that I mindfully created and I am wondering if anyone could help shed some light from a new perspective for me. I will lay this out as quick...
Zehua Zhou
Will my single member LLC veil be pierced if I am the borrower
I currently have a few single houses for rent which are directly under my name, and also the mortgages are under my name.
I am considering to move the houses to an LLC 100% owned by me. But I don't think the borrower...
Michael P.
1031 Exchange on my flip
I just entered into contract to sell my investment property that I purchased on June 2, 2015. The profit is in gross terms $240k, but with write offs, commissions and transfer taxes, I think I can reduce the capital ...