Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Ken Lacroix
New to U.S. investing
I am an investor living in Ottawa, Canada with sole ownership of 2 triplexes in Saint John, New Brunswick and am in the final stages of setting up my U.S. corporate structure to scale up my portfolio exponentially. My...
Kase Knochenhauer
Permitted Use for EIDL Loan -- can I pay off hard money?
We've been approved for an EIDL Loan for our rental portfolio and flipping company.After the funds cleared I've been trying to determine how these funds can be used. Here are a two real situations that I'm having trou...
Brad Gunter
Atlanta Concrete/Grill Island Project
I'm finishing up a project in Atlanta, GA (Edgewood area) and want to make a few improvements to the backyard. First, I'd like to add concrete to provide an extra parking spot. Second, I'd like to add an outdoor grill...
Shannon K.
FannieMae Homestyle Renovation Loan Restriction
Hi everyone. As I keep searching for lending options for my investment property, a friend sent me some information on a Fannie Mae Homestyle Renovation loan that investors are qualified for. There is only 1 local bank...
Richard Wu
Insurance for contractors
For a restaurant buildout in your own property, what type of insurance do you need from contractors that will protect you? What if some contractors did work without the proper insurance, how to protect from future law...
Patrick Britton
An exit strategy with notes?
Just wondering if I am thinking about note investing correctly. I understand there are multiple exit strategies but to keep things simple, is it possible to do the following:1. buy a performing note at some sort of ...
Karen Moysi
Capital Gains
If I know I'm going to have capital gains , would it be best to spend the money that's going towards tax on the gain or spend the money on capital improvements to bring up the cost basis?
Kerry Malarkey
Land Contract Seller Financing - Land Use restrictions
I am looking at selling 14 acres of raw forested land in the state of Washington to a buyer using a 3 year installment with balloon payment. I need to spread the land purchase payments out over 3 years for tax reasons...
Kyle Callahan
Rental property in the best neighborhood in Denver
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $580,000
Cash invested: $120,000
Smallest home in the best part of town. My business partners and I purchased this...