Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...
I buy and create notes for many reasons. Some are for cashflow. Some are to raise funds. Some are to exchange. Some are to balance equity in a real estate exchange. Why do you buy notes?
Hi BP, I quit my full time job and closed on a property a couple months ago in Philly. I’m doing most of the renovations myself and I’m starting to sift through the potential taxes incurred once I sell. I’m a bit conf...
so I want to do my first 1031 exchange. I have a 2 bedroom SFH that I have paid off and is worth between 92-105k. It is only making me about $625 a month after taxes and insurance. So it's a very low performing invest...
Hi all,
My in-laws are selling their home in LA County and we are unfamiliar with the requirements to sell. My wife and I sold our place in OC a couple years ago and the requirements didn't seem as stringent.
The es...
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
Investment Info:
Condo buy & hold investment.
Purchase price: $140,000
Cash invested: $40,000
I got caught in the Covid price run up strong here. I was attempting to take my profits from one plac...
I am interested in getting a feel from a broker or banker on a barter strategy.
In today's market I presume REO inventory is increasing markedly. I would like to explore bartering new, Major Brand current model Compu...
When real estate professionals are looking to expand and grow their business by taking on outside investors to fund larger projects. A real estate syndication structure is a must have component for these larger transa...
As a developing/newbie wholesaler you learn that you should follow basic steps to get in the game: put up bandit signs, door knock, drive for dollars, etc. So that's exactly what I've done.
I started with Bandit Sig...