Reggie Monroe
Buy a new build in DC (5/4) for Short Term Rental Purpose ?
I purchased my first multifamily home a year ago & I'm getting excellent cash flow due to the low mortgage rate I received. Now I'm ready to buy home #2 with the ultimate goal of using it as a short term rental.Re...
Anthony Brown
Starting a Fund or Special Purpose Vehicle (SPV) to Pool Investor (LP) Money
Hi. I posted this question as a message to some of the BP experts on Funds but I thought it would be better to post openly to get more responses and hopefully benefit others that want to do the same or similar.
We h...
Jen Stekkinger
Seller Finance while I House Hack- can that work for Seller Tax Purposes?
I have on contract a 4/3 split level home converting to a separate downstairs 1/1 apartment. So we will essential convert to a duplex. I am short on cash to close this deal and wanted to do a creative house hack. I h...
Vitaliy Gnezdilov
Why can’t an entity be formed for the sole purpose of buying securities?
Hi, I am looking to invest in a real estate fund syndication and I have received advice to invest through an LLC for a specific tax purpose.However upon research, I am finding that an organization cannot be formed wit...
Jacky Johnson
What does it mean to run a property at a loss for purposes?
I meant at a loss for tax purposes. Yes, what does that mean? And is it ok to do so? Why or why not?
William Allen Ball
Help assessing the value of my rental properties for the purpose of selling
I have a portfolio of 9 doors (2 duplex, 5 single family) in Northwest Arkansas. I am looking to sell all to one investor, if possible. I have only ever bought, so this is my first time to sell. I am trying to figu...
Bob Green
How to calculate the value of a real estate portfolio for selling purposes
Hello All,I'm curious to know if any of you have sold a large portfolio of residential rental properties and what formula you used to calculate the value and selling price?Looking forward to your feedback.
John Thomas
Does paying off a HELOC qualify as a Roll Over for Tax Purposes?
I am a new to the forum and had a Real Estate / Tax Question.I recently received an offer to buy out my 19% position in a commercial office building. I wanted to use at least part of the money to pay off my HELOC for...
Aubrey Ford
How much of the house can I consider as rental for Tax purposes?
I bought a SFR with a completely built out In-law suite in the basement. My tax person says I can deduct a % of the repairs I've done based on the SQ Footage of the basement unit. Seems clear enough. However I am also...
Steven Libman
Purpose-Driven Wealth with Joey Mure and Russ Morgan of Wealth Without Wall Street
In this episode, we dive deep into purposeful investments with Joey Mure and Russ Morgan of Wealth Without Wall Street. Join us as Steven shares why aligning your investments with your core values is essential.
The h...