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After the passing of a family member I inherited a property. The spouse was still living there and the property was under a prenuptial agreement. As we took over the property we had the spouse stay for an agreed 820 a...
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Can someone answer this Hypothetical question for me regarding 1031 and Taxes.
Scenario
Lets say my Father bought a property for 1,000,000 and Sold it for 2,000,000
1031 Exchanged the sale
Bought two properties fo...
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My wife and I purchased our home in Northglenn Colorado roughly 3 years ago, due to some force appreciation and they vary fortuitous market in Colorado we’ve made a fair bit of equity and are looking for some ways to ...
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When I find a MF deal that we want to purchase, needing help of partners to help with downpayment and possible upfront CapEx money to address deferred maintenance on a property (roof, exterior, etc), what is the best ...
Hey everyone, I've been looking into flipping house for about a year now but very seriously for only 3 months. I'm currently a Personal Trainer and about to be a fire alarm technician. I have 3-4 years of electrical a...
Hello,
. I am renting out 4 rooms in my home in west oakland. I currently am living in the home parttime and come to Oakland 1 or 2 x's per month for work. I am having issues with the "borders" not paying rent on ...
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First, it has always been my dream to be able to move my family out to Santa Monica. Our family has always loved the area. Which is why it concerns me when I read how its impossible to cash flow in that given area.I'v...
If a private lender (individual, not a licensed lender) violated several Dodd-Frank regulations in giving a 2nd mortgage, what would happen if the lender tried to foreclose?Violations include:"Lender" knew "borrower" ...
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I am using a HELOC and possibly my IRA to fund my first FLIP. My question is would I have to pro rate the amount I used in my IRA out of the profits and stick it back in my IRA or how does that work with flips and s...
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Hi there, newbie here with a question I haven't found in my searches on BP. I'm an architect, developer, and general contractor. I own a small lot free and clear in the downtown of our small city just outside Seattle,...