Nick Fegley
Sheriffs Sale - Lien and Subordinated
BP Community, I appologize up front for asking this question, as I'm sure it has been answered somewhere on this site, however, I was not able to find a clear answer. Situation: Sheriff's Sale of properties I would li...
Account Closed
How do capital gains get calculated in California?
we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...
Jason R.
FHA for 2nd or 3rd property?
My 2018 REI goal is to buy two properties. One an FHA loan and the other purchased conventionally. Both MF. My family and I will live in the owner occupied for a year plus. We currently live in a house with a detached...
Edi C.
Convert Primary Residence to Investment Property
Hi, this is my first post since I joined the community. I would like to ask the following: in which situations makes any sense to convert a primary residence to an investment property? Note that I've been there for ov...
Alyssa Baron
LLC taxes in Virginia
Hi! My husband and I are preparing to establish an LLC for our buy-and-hold rental properties. Does anyone know how Virginia taxes LLCs comprised of a husband and wife? (e.g. sole proprietorship, partnership). Thanks ...
August Kahle
Using remaining VA home loan eligibility after first purchase
Hi everybody,I'll try to keep this fairly concise but still detailed enough:A little background- I'm primarily a dividend stock and reit investor who's not overly interested in being a landlord, but I obviously see th...
Jonathan Basden
Flipping profits to purchase properties
Could you flip a house and use the profits through a 1031 exchange to purchase a rental property?
Magdaleno Garcia
Do I need a second gas meter for my second ADU?
Hello BP family,
I've finally finished my granny flat here in San Diego, Ca. and have a tenant in it at this time.
I'm now planning on adding a couple of bedrooms and a couple of bathrooms to my primary home and a...
Jody Greenberg
DIY cost segregation question
I'm wondering if anyone has any experience with using the platforms from KBKG, DIYcostseg, or titan echo. I'm going to try one of the three on one of my recently purchased multifamily properties.
I've already gone ...
Mo Sammy
Bought home with 10% down (conventional), want to buy another home with conventional 90 days from first home?
I bought a home with 10% down using a conventional loan. It was owner-occupant deal from the bank (not FHA). I have lived in this home for about a month or so now, but found a better property 10 miles away - and I wou...