David D'Ambrosio
Cash out Refi of 1031 exchange
Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange. Can you shortly thereafter do a cash out refi, take that 80K in cash without owing tax on it? I may be in a situation soon ...
Cory Lucas
Lease/handling repair question?
Hey BP, curious how others handle their appliances? I have 3 units total, started last March and have now had 2 refrigerator issues, costing me $730 total. First refrigerator broke down and was such a foreign brand no...
Ron Drake
Reverse 1031 Exchange
I am trying to figure out the logistics for a possible 1031 exchange in the future on a rental house I bought in 2002.I may buy a new house and that would be one of the reasons for doing a reverse exchange. I don't th...
Diego StPhillip
Can I take items from rental property that I own?
I own a rental property. Over time, I have purchased various items for the rental property and taken tax deductions when I did so. For example, I purchased a lawn mower for the rental that tenants cut with. I have pur...
Debbie C.
Renovating your property before a 1031
I have a question about the 1031 exchange that I’m still confused over. Let’s say I bought a property for $200k and rented it out for many years and paid off the mortgage so it’s free and clear. Now I want to sell it ...
Steve Dearing
insurance for 8 unit multifamily - central ohio
I'm looking for a lead or info for landlord policy on 8 unit multifamily in central ohio (near Coumbus). I want ACV, not replacement cost. Purchase price is 260k.Thanks in advance for any assistance, much appreciate...
Derek Hemerick
window replacement Tucson
Does anyone have Window replacement company recommendations for Tucson Arizona?
Evan Zeigler
Engineering DINK2D Starting out in Real Estate
How ya doing, Bigger Pockets!
My fiancée, Elizabeth, and I are extremely excited to graduate with engineering degrees this April. I can’t wait to start building our wealth by investing our W-2 income in real estate. ...
Jonathan Beaumont
Should I fix the roof on my rental or wait.
I had several roofers come out and tell me that my roof is in bad shape and needs to be repaired urgently. The inspector and my property manager said there are no leaks in the units. Should I hold off, or should I get...
William Naber
What to do when FMV of property is WAY below Replacement Cost
I am in the process of buying my second property when the insurance agent calls and says that none of the companies they represent will insure my property for replacement cost. Best they can do is an ACV of 148% of m...