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Results (565)
Jason Fuentes Reviewing Collateral
23 March 2016 | 8 replies

I working on closing my 1st note and wanted to reach out to the great folks of this forums for what to look for when reviewing files.  I actually have a professional service reviewing the mortgage files but the seller...

Delin W. single member LLC -- in husband's or wife's name?
9 May 2012 | 10 replies

Just thought I'd run this by everyone:

Husband has a day-job and wife manages the rental properties but does not draw a W2.

In setting up the LLCs, are there any pros/cons to setting things up in one name or the ot...

Elizabeth Colegrove Capital Gains Question
25 February 2019 | 7 replies

I have a quick 2- part question for a friends guys. They had last minute orders.

I remember reading somewhere that if you move in less than 2 years due to military orders or family circumstances you could divi...

Julio Velazquez How to file for taxes as a wholesaler.
6 December 2021 | 11 replies

I just started wholesaling, I haven’t landed a deal yet. However, I do have a few offers I’m waiting to hear back on. In the mean time I want to know how does taxes work for wholesalers. If I make $20k from a deal how...

Steven Baker 1031 New build sale into like kind
28 February 2024 | 5 replies

I build homes and feel like there can be a 1031 use somewhere. If I sell a new build and use a QI can I use those funds to purchase a rental since both are technically investment properties? Very frustrating selling m...

Ian Berg 1031 from LLC to Personal? (Loan Requirements)
10 August 2022 | 3 replies

Hi BP, I'm currently selling a single family home that I hold in a 2 member LLC with my wife. It was originally purchased under my name as an individual. We are purchasing a 4 plex with the 1031 proceeds combined with...

Rich Schroeder 4/1 SFH
28 March 2009 | 18 replies

saw an REO property yesterday.

4/1, 1400 square feet two-story across from a school. Rather old...built in 1909. However it has updated electric, forced air heating. ...

John Payne Tricky question about a 1031 with immediate seller financing
3 August 2017 | 5 replies

Scenario: John is an older investor looking to fund his passive cash flow while getting out of his real estate investments and Susie is a young energetic investor that is just getting started with all the knowledge sh...

Toby Sheehan 1031 exchange eligibility
5 September 2023 | 7 replies

Getting ready to move on from an investment property and looking for some advice.  Here are the particulars for my situation:Property includes a duplex (we live in one unit and rent the other), commercial building/res...

Margaret Feit Reporting Personal-Title Properties on a Partnership Tax Return
8 March 2020 | 28 replies

My husband and I are members in an LLC partnership that owns several rental properties. We also have a handful of properties that are titled in our personal names because we have mortgages on them that had to be in ou...