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Results (4092)
Justin Summers Basic "BOOT" question about 1031 exchanges and seller financing.
29 April 2021 | 2 replies

I have a rental property I've owned for 10 years that my basis is about $150,000.  I sold the property for $600,000 and am holding $150,000 in seller financing for 1 year.    I have a property to purchase for $300,000...

Jason Crain Sell an LLC holding company
2 June 2017 | 3 replies

Can I sell my LLC in NC that has owner financed rental property? Would that remove the power of the owner to call the loan due?

Kenneth LaVoie Annual feeler for fixed long term financing
17 January 2015 | 2 replies

Hi all,I have a mix of 1-4 unit and 5+ unit properties. I am always on the lookout for what I call "fixed rate full term" financing for any of my loans. In other words, the mythical "30 year 5-6% fixed rate for life" ...

Jesse Birdwell Best way to reinvest cash flow?
16 October 2016 | 4 replies

Hello all. New to bigger pockets. Pretty simple question, just looking for others ideas and opinions. In 2009 I bought a foreclosure, (my first), for around $65k, and lived in it as well as renting rooms to friends wh...

Sean Griffin First Flip - Title Issue - What to Do?
15 May 2017 | 2 replies

I am close to closing on my first flip.  Closing has been held up for almost a month due to a title issue.  A prior mortgage discharge was signed by a company acting under POA, but the POA was never recorded.  The sel...

Jeremy A. How handle suicide tenant
16 August 2020 | 5 replies

had first tenant commit suicide in my apartment.any advise?

Christie O'Malley Ordinary vs Capital Gains: Calling all Real Estate accountants
19 May 2021 | 1 reply

Hi all, 
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...

Jeff D. taking money from property A to buy property B
21 September 2020 | 7 replies

Hello,
I just did a cash back refi on property A.  Property A is held in an LLC and has an associated biz checking account.     The bank put the cash back straight into that account.     Now I am needing most of that...

Paul Veronis LLC or S-Corp for Starting a Real Estate Investing Company
22 January 2023 | 15 replies

Hello Everyone.I am looking to start my own real estate investing company where I plan on mainly wholesaling, but also flipping properties and buying rental properties. I feel like most people use and LLC for there co...

Mark Creason 1031 Keys
3 February 2016 | 6 replies

Having spent some significant time working with borrowers buying and selling property who are trying to complete a 1031 exchange, I thought I would post regarding my experience.1031 keys:1. Defer income tax.When selli...