Bruce Runn
Minneapolisl property tax statements about to go out
Started my annual right of Spring which is my property tax assessment challenge in Minneapolis. Bought a duplex 2 months ago for $275,000 and it's current year assessment is $307,000 with what I anticipate will be a...
Julia Taylor
Can you 1031 into a cheaper property?
I talked to a 1031 exchange firm but left the conversation feeling more confused. Can I 1031 into a cheaper property?We bought a SFH for $400K. We put an additional $65K into it. Realtor expects we can get $550-$575K ...
James Ringo
Section 179 depreciation recapture question
Hello all, I bought a new truck for my business last year and claimed the entire purchase price as section 179 depreciation. I have a separate car for personal use so I'm currently using the truck 100% for the busines...
Dustin Gott
Non-performing note
Their is a note for sale for a good price. The note is nonperforming secured by a 10 unit apartment building. The owner of the building turns out to be a colleague that I have a good relationship with. Im just looking...
Ami Son
Investor seeking creative ways to fund next acquisitions
Hi everyone!Im a newish veteran investor in San Diego. My boyfriend and I currently have a condo that we live in and two 4plexs that we purchased within last 2 years that are projected to cashflow total $6K when the l...
Jeff Weissman
Can self-directed IRA buy/sell real estate?
If so, I assume all cash flow (in & out...that is, income and expenses) must come into and be paid out of the IRA account, yes?
Advantages/disadvantages?
Ben Vargas
Where are you investing at if you're from NYC?
Hi guys I'm from NYC (Bronx). I know the NYC market is very expensive for newbies like myself and I feel like I may have to look outside of the city to get started. Eventually I want to get a duplex in NYC to live/ re...
Zachary Kessler
Strategies for second property
Hello all I’m currently hacking my house that has an ADU dwelling that generates income, I bought this property intending to leave and rent the house that I currently reside in (2 bed 1 bath) I currently have a very g...
Taylor Tindal
Joint Venture: Should we form an LLC
Hello,I'm interested in partnering on a deal with 3 individuals. In order to do this should we all create an LLC together for this one deal? Or will our individual businesses protect us? (One person is not protected b...
Jay Levy
Property Swap - 1031
Has anyone had any experience swapping properties. I’m trying to sell a property for another property, Entity A owns Property 1, Entity B owns Property 2, we want to swap our properties so that Entity A winds up with...