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Results (10000)
Clayton Smith 1031 exchange or show income for bank loans
6 October 2021 | 10 replies

I purchased a property earlier this year that was in terrible shape and I believed it was a teardown so I got it for the land value. I planned to BRRRR the property. I cleaned the property and lot up and repaired the ...

Bhushan Rajadhyax is 1031 exchange possible for a land+construction property?
10 July 2020 | 2 replies

I have been trying to read up on the 1031 exchange rules and haven't gotten a clear answer. I currently own a rental property (condo) with a decent equity. I was thinking of doing a 1031 exchange and buying a SFR that...

Chase Shank Calling on CPAs
16 August 2016 | 5 replies

I am selling a flip and expecting a 40k profit. Here's what I want to know:Can I do a 1031 to acquire a property for 130k, using the full 40k for a down payment. Then pull 70% of that back out via refi without having ...

Kaderjan Ilghar Need tips on converting rental property to primary residence
27 May 2019 | 3 replies

Hi All,Need some tips on how to convert rental property to a primary residence. My friend has two properties: 1 for rental and 1 for primarily resident. his rental has been in a rental for 5 years already and it's val...

Gwen Garcia Wholesale
17 February 2016 | 4 replies

Good morning BP family! Where can I find a 'Letter of Intent' to take control of a property I'm interested in wholesaling?-GG

Neal Collins Keeping money in my pocket vs. paying the tax man
16 November 2014 | 10 replies

Is there any way to avoid paying personal income tax when flipping a house?Could you hold it for longer than 365 days and only be subject to longterm capital gains tax?Alternatively, could you fix it up and call it yo...

Robert Gailie 1031 exchange or tax deferring?
5 July 2016 | 12 replies

Hello all! I am going to sign contracts on my first flip on tuesday. We did well and made big profits and the experience was incredible. Now I want to avoid paying taxes if possible. Do any of you more experienced fli...

Becky Nichols 1031 for a Rehab?
29 April 2018 | 11 replies

I'm new to the investment world and trying to learn everything I can from all you smart and educated people here (big thanks to @jonholdman)!

I went to a financial / flipping seminar and listened to this stra...

Sam Cummings Real Estate Investment Vs. Inventory
2 February 2016 | 3 replies

Hello Fellow Well Endowed Pocket Havers,Background: Recently purchased a single family home in Philadelphia as an investment hold property in cash. Decided after buying the house it would be worth selling due to comps...

Brett Benjamin Best way to handle a house/land split & flip?
25 October 2014 | 1 reply

I had a question that was a bit above my current knowledge level, wanted to get some opinions here (thank you in advance). 2 months ago, my wife and I purchased an investment home that sits on a double lot. My agent ...