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Example case:
Apartment Complex purchased 10 years agoPurchase price was $50,000Going to sell it for $150,000 and do a 1031 exchange into another property
Question - can I pull out my initial $50,000 investment tax ...
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Hi BP Family,Curious about a situation I may not be understanding clearly.If you purchase a Turn Key STR using a 2nd Home Loan (Vacation home 10%), how do you get your initial investment out? (10% DP + $10,000ish in n...
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I’m looking at a NNN retail lease Investment in which it appears the initial term will be up in three years with two additional five-year options to renew, each with a 10% rent increase. My first concern is that altho...
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My cousin and I are considering acquiring a two-unit home in Tuscany. The bottom unit is in good shape, but the second needs much work. I seek proposals from people experienced in weekly and monthly rentals to set up ...
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I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage. I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...
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Hi BPers,Zillow has been great for listing apartments and collecting applications. Has anyone used the "lease" and collecting of initial payments so that the whole rental transaction takes place on Zillow? I would lov...
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Hello,I'm working on an operating agreement for my partnership LLC. So I have a passive partner who paid for the initial investment (downpayment and closing costs) of the property. I didn't pay for anything since I fo...
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Hello,We just got a pre-approval to potentially get an unsecured business credit card with a 100k limit, Interest free for the firts 6 months.Now here's the fine print, if we decide to go with this card, the cost to g...
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Hello there, We are newbie RE Investors, trying to figure out pretty much everything real estate related from ground zero. I have come across multiple cases where investors have used wholesaling as a stepping stone be...
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Good Morning Bigger Pockets!I am still trying to get a grasp on the logistic aspect of wholesaling from the time that you receive a phone call from a potential seller to the close of the deal. I'm having a hard time ...