Hans H.
This is a dumb question I'm sure...
Is the taxable market value of a property(in this instance a fourplex) the actual marketable value? I found a fourplex with freeze damage, gutted down to the studs for a little over $30k. The total taxable market va...
Chad K.
How to get a approval for a home loan if your self employed?
Hey I currently wholesale in charlotte,north carolina with dreams of one day buying a house. However from my understanding being self employed can cause some obstacles in order to be approved for a home loan. I was wo...
Elizabeth Conklin
Seeking Guidance-using self directed IRA to finance down payment
Looking for resources or guidance about pros and cons of using IRA or other retirement accounts for REI. Thanks!!
Brad Hales
Transition Roth IRA into apartments and syndications
Hello Bigger Pockets. I am new to real estate investing and am consideration transitioning my Roth IRA into apartment syndications as a passive investor or possibly partnering with other and becoming more active. Wh...
Arjun S.
IRS Section 121 tax question upon sale
I purchased my single-family home in 2018 when I was single. From the beginning, I rented out 3 of the 4 rooms while living in the remaining room. In June 2022, I got married and my wife moved in, and around that same...
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...
Tyler Hallman
Cap Rate.. based on previous owners purchase
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
Roger Tise
Self Directed IRA - how to leverage for RE?
Anyone out there with experience on how to best use a self directed IRA for RE investments?I know it’s possible, but seems like it could be complicated and I keep running into roadblocks/restrictions. For example.......
Aaron Ingram
Debt to Income Calculation Question
BP friends, Forgive my ignorance on bank financing and how financial institutions calculate debt to income but I am seeking a few answers. I am in the process of getting Pre-Approval for the Fannie Mae Homestyle Renov...
Raj Kumar
Residential Rental - LLC - taxed as Scorp - Need assistance
I have few residential rental properties, for which me and my wife are on mortgage but did deed transfer to LLC. But as for filing taxes we elected as S-Corp, it's been few years we have this set up, but learned that ...