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Results (129)
Travis M. 2 specific lending questions (schedule c / llc structure)
20 August 2021 | 4 replies

I just got approved for a mortgage in Humboldt, California.
It was an absolute nightmare with self-employment income being verified by fannie mae/freddie mac rules, and not being able to use income from new LLC's I h...

Lisa Hill Opportunity Zone vs 1031
17 January 2020 | 28 replies

We may have up to 500k in equity in a rental house that we plan to sell.  I found a multi unit property in an opportunity zone.  Where do I go to find out how the tax deferral works?  I’ve read up on it but am a bit o...

Simcha Davidman Residential vs. non-residential mortgage
21 November 2016 | 8 replies

I recently got pre-qualified (waiting for the pre-approval letter any day now) for a mortgage on a residential property.  The broker asked whether this would be for my residence or investment, and I told him it's an i...

Stephen E. Screening Time
10 January 2015 | 6 replies

I love BP posts on screening, they help you test your screening skills and it is always interesting what people see and do not see. I am leasing and have an application, so here goes.The applicants are two couples, a ...

Kurt Granroth CPA/Tax Pro good at explaining esoteric taxes?
19 June 2023 | 10 replies

I'm looking for a tax wonk (CPA or tax pro), of sorts, that can satisfactorily explain a possibly esoteric tax situation to me.

I am an LP on multiple syndications and one such syndication sold in 2021. The K-1 was...

Kasey Nordeen Legal Issues with Wholesaling in D.C.
18 January 2017 | 9 replies

I'm very interested in starting a part-time wholesaling operation in D.C., but I have some questions to pose to experienced wholesalers and investors in the area. I've read about how Ohio and some other states are cra...

Eugene Rogachevsky Need Lender for 2-4 Unit owner occupied using 1031 exchange funds
27 March 2018 | 11 replies

Does anyone know a CA lender that will lend on a 2-4 unit property that will be owner occupied and that will use 1031 exchange funds as part of the down payment.

Thanks in advance!

Eugene

Kevin Feng Is it normal for property management to hold a minimum?
25 August 2021 | 31 replies

I use Crestcore in Memphis, TN.  Not a very responsive company. I wonder if it's normal for them to request and hold a minimum amount in my account for repairs.  At least that's what they claim as the purpose.  I am n...

Joe Splitrock Another Victory for Landlords on the Eviction Moratorium
19 March 2021 | 11 replies

A federal judge in Cleveland has stated the federal government over reached its authority with the CDC eviction moratorium. The judge stated the federal government cannot exercise power that congress has not given the...