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Results (10000)
Account Closed New Construction financing- occupancy affidavit apply?
16 November 2015 | 5 replies

Anyone know if you can obtain financing for new construction as a primary residence and then decide to sell upon completion?

Joe G. Survey: How do/did you own your rental properties?
10 May 2013 | 1 reply

To generate discussion and provide some insight for us ‘newbies’ would the experienced members of BP please post the following:

Years investing in RE: XX
Properties owned (currently held or already sold) solely in ow...

Alex Hunter Do I pay higher tax if I sell before 1yr?
7 April 2021 | 3 replies

If I sell my rental before the 1 year mark, do I get hit hard on tax? can I 1031 it?

Natalie Carroll 1031 Exchange on Gifted Vacant Lots
23 September 2024 | 1 reply

Hi All,  
  My husband's mother gifted him two vacant building lots earlier this year (March 2024).  We would like to sell them and use a 1031 exchange to purchase a larger tract of land that we expect to close on be...

Tom Chen LLCs and bank accounts
26 June 2017 | 14 replies

Hi everyone!So there are two schools of thought with regards to both LLCs and bank accounts.Some people say an LLC per property, some people say a bank account per property...What about having multiple LLCs, but one m...

Jason Spicer Self directed IRA for lending and rentals
23 March 2018 | 9 replies

The more I learn, the less I like my conventional IRA invested in stocks.  Am I correct in my thinking that I could transfer into a self directed IRA and use those funds for lending and accrue that interest tax differ...

Kabir Gandhi Deducting Losses on Sale of Primary Home converted to Rental
23 August 2019 | 4 replies

I purchased my primary residence in June of 2017.  I overpaid for the property, this was a rushed purchase after a move to a new city.  Horrible financial decision.  If I sell right now, I will lose a good chunk of mo...

Mark C. Purchasing a property out of an IRA
5 July 2018 | 12 replies

Hi All,     I was trying to look at some tax strategies and was curious if anyone else knows if this is possible.  I have rentals in my IRA.  Is there lending institution that would allow me to put 20-25% down to buy ...

Jose A Serrato Taxation with Partnerships
4 November 2021 | 4 replies

Hello BP Community newbie here, I have a general question. When flipping a house with lets say a total of 3 people, each takes their profit & are taxed individually correct? Would they each report their gain separ...

Ryan Howard Is starting an llc a good idea for flipping houses?
25 September 2015 | 10 replies

So I am looking to get my start in real estate investing by flipping houses. At first I plan on using a hard money lender to finance my purchase and rehab costs. Would it be a good idea to start an llc to do the deals...