I'm wondering what the tax implications are for the heirs of a seller who dies while carrying the note on a seller financed deal.For example, suppose a seller has a fully depreciated asset with a $50k cost basis from ...
Hello,Thank you for taking time to answer my questions.My yearly income is between $150K-$200K, which means I'm a non-accredited investor. I'm still very interested in investing on crowd funding real estate platforms ...
Hello, helpful BP community. Here is my question re 1031 my duplex that is a 100% rental investment. I owned this prop since ’99, I am nearing retirement and don’t care for the hassles of property management and maint...
Hi All - new to investing wondering if I should open an LLC before I purchase my first investment property. Thanks!
Hey guys, Ive been putting my mind to work as far as brainstorming ideas to get into real estate. Can anyone point me to the right direction to starting a property management business? Pros and Cons? Is it profitable ...
How much as a percentage of asset value do you subtract to come up with your true net worth assuming any real estate sold will be 1031 exchanged? I know this number will vary by state, property type, and for various o...
I am a new real estate investor, and my current strategy is to leverage the VA Loan with a 4-plex to reduce my monthly rent expense. The goal is to free up more money to reinvest. I am aiming to have a portfolio of 2-...
HelloI would like to know how does the taxation work when selling an owner occupied Duplex.There are two scenarios here, 1) The rental unit has similar square footage as the owner occupied unit.2) The owner occupied u...
Hey Wats Up Guys... I've Been Thinking About Getting My Real Estate License While Operating My Wholesale Business.
My Idea is to get my License so I Work On Rentals To gain more Income still while operating My Whole...
I'm looking at the issues and risks for buying more rentals as investment properties:Cons:-Difficult to get your money out without capital gains. Either forced to keep 1031 exchanging or cash out refinance. Could move...