Kaitlyn Askey
Purchasing Rental Properties from Parents
I will be purchasing 5 rental properties from my older parents. They are all currently occupied by tenants and the rent they are charging now is well below the market value. We are working with an attorney and CPA to ...
Ankan Basak
Should I let town inspector in my rental?
House is a duplex. Renting out 1st floor while I live upstairs. Got a notice of violation saying - "alleged illegal apartment, need to inspect premise". Dont see actual violation code on the notice. Not sure how inspe...
Nathan Ashram
Lease Option Explanation
Hey guys Greeting from NY ... I have a question: I sent an email (on craigslist) regard a house that I saw for rent and offered to lease it for 2 years with option to purchase. The person that post it is an agent. I t...
Gabrielle T.
Investing in commercial syndication using Solo 401K
Hi everyone, if I want to use funds in my self-directed Solo 401K to invest in a multi-family apartment commercial deal, are there any caveats I need to know about for asset protection? I'm just a passive investor, so...
James Bailey
New idea .. Do you think it can work? would love suggestions
Hi all, I'm up in Alberta, Canada and it gets pretty cold here in the winter. I have buy/holds and I do some flipping but the market really slows down in the winter and that's not a time that I want to try and flip a ...
De Von Gaines
How to come up with earnest money for wholesale deal?
Hello B.P. community. I was wondering how I can get past not having the money for a earnest money deposit? The seller (a investor) understands my situation of being broke looking to get started. Understandably he is ...
John Stanley
avoiding capital gains tax on foreign property
I'm a US citizen living in Germany, where I am buying rental property. The law here is that if the property is sold after >10 years' ownership, there is no tax on the capital gains. However, I would have to declare...
Reno Law
US/CAN Dual citizenship investors?
Anyone with a dual citizenship (US/CANADA) resides in US as an investor? How do you leverage your capital gain and what would be the best way to handle your returns?
Ana Cherm
Capital Gain Tax reduction
Sold the condo earlier this year and facing couple K's in capital gain tax since it was a rental for last five years. While I guess I should be happy to face that problem but still would be nice to be able to reduce t...
Ernesto Hernandez
Saving You Time Edition #3 - Real Estate Loopholes ($/Poor Dad)
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...