Hey I heard that some 1031 exchange QI's will actually give interest payment on the amount they hold? Is that true?For example--$100,000 in a 1031 held for 3 months would cost the investor $500. If the QI would pay ...
Last year I had to sell half of a duplex. I met with my CPA, discussed the details and they estimated the taxes owed would be in the neighborhood of $10k. I just got my returns back and I ended up owning over $30k. My...
According to a data by Zillow and reported on by the Wall Street Journal, one in eight owner-occupied homes, are set to hit the market between 2017 and 2027 as Baby Boomers begin to pass away or move on from their hom...
I am closing on a single family owner-occupied residential property. Loan Amt is $175,000. The Title company is charging me the following fees:-Admin Processing Fee $35-Closing Protection Letter $75-Lender Title Insur...
Hi BP community! Can you reuse your VA Loan if ? You converted your mortgage to Conventional loan?
Hello,I am a new investor and would love to get feedback from this forum regarding this deal I came across. Below are the details.According to the spreadsheet I am using this seems like a good deal. My taxes estimates...
Hi friend. I’m sure you’ve heard many tips on how to start investing, how to grow, etc. Below is some advice that you may have not heard. In fact, it’s so unpopular and counterintuitive that a Google search for suppor...
I'm about to make my spare bedroom's AirB&B live. My question is what's the best way to report my income on this and also reduce taxes? Put my home in a LLC? We don't want to miss out on the zero capital gain when...
The program required half of the profits from the sale be paid back into the program. A check was wired to the county at closing by the settlement company. Do I add this payment to the closing costs? The 1099-S I was ...
Do you own a warehouse or are considering investing in one? Some would consider warehouses to be the backbone of today’s supply chain. There is a large demand for efficient distribution and storage of goods, thus many...