Rodney K. Cotton
Need 50-60% 1st position loan to go with my seller carry financing 2nd lien
I am negotiating the purchase of an investment property in Hawaii. It has two separate dwellings on one lot. One house is a 3br/2,5ba, with full kitchen, and the second house has a 2br/2ba with full kitchen on the top...
David Rabinowitz
Myrtle beach STR fees
Hello All. For the last 2 years I’ve been saving money and absorbing knowledge on real estate investing. Im ready to start making offers on properties. Im looking to get started in Myrtle Beach, ocean front or one blo...
Sean H.
Primary residence stay "2yrs<1yrs" changes return?
I was doing turbo tax, and im surprised that it is changing my return based on the number of months i claim i used the residence as my primary residence. I realize over two years is tax free, but im not trying to do t...
Wojciech Grajewski
2 out of 5 year Capital Gains Help
Hello,I purchased a home with VA mortgage in July 2016. From July 2016 to April 2017 I did not live in the property (it was livable but I decided against it) because I was doing a whole home renovation. From April 201...
Josiah Cooper
DIY Taxes W/ BRRRR Strategy
Hey BP -I’m DYI’ng my taxes this year through TurboTax and am stuck. Here’s some quick info on my situation:-I have a LLC- BRRRR’d one house last year- Using TurboTax to create K-1 for LLCWhen entering info into turbo...
Jim T.
Overpaying State Income Tax and 1099-G
If one overpays the state income tax, they receive a 1099-G the following year for the refund amount. This makes sense since you were able to deduct all that was deducted rather than just what was ultimately owed. If...
Jeff Caravalho
How to structure partnership
Hi BP,I'm looking into purchasing a house with my brother in law in Mississippi, North of Oxford. It was his brothers (he lives next door). I live in Sacramento , CA. We are thinking of putting it in an LLC. but ar...
Christopher Young
Looking for some savy advice about moving a house to a trust!
Long story short my mother has worked as a hair dresser for 36 yrs and its time to retire. Social security is a joke but we have one card to play. Based in NY her primary residence of 40 years has appreciated exponent...
Joseph S.
Current PPR Reviews
I was searching for a PPR Review within the last year and I think the most current one I could find was from 3 or 4 years ago. I wanted to confirm that to date they have never missed a payment and always returned prin...
Anand George
Sell NYC rental property outright vs 1031
Hi everyone,This is my first post on BiggerPockets :) I am excited to join this community!I am looking for some advice on tax implications wrt selling my rental property in NYC. I own a rental in the Financial Distric...