Chris Perry
Non owner occupied co borrower multi - low money down?
Hey everyone! Question.. Is it possible to buy a 3-4 family multi under FHA or something similar for low money down with a family member? I'll elaborate.. suppose I wanted to purchase a 3 family with a family member (...
Adam Shindler
Understanding Financing
Hello,I would like to become somewhat of an expert on financing. Outside of BP, does anyone have a book suggestion or other suggestions on how to acquire the most useful information on this topic? Thank you.
Justin Pencook
My dad is using his IRA to invest in a flip
Hello BP Agents,My Father is planning to direct his IRA into real estate in the form of a flip. I realize I am a prohibited person regarding working physically on the house. However, am I able to help him find the pro...
Avi Spielman
To Declare as a "Real Estate Professional" or Not
Hi, I'm hoping this is the right forum for this question :) I'm a developer turned property owner with a growing portfolio of rental properties. My CPA currently does not declare me as a "Real Estate Professional" (ev...
Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...
Bruce Desk
Is it too late?
I sold my second home in 2022 and immediately bought another but at settlement didn't do the 1031 exchange paperwork. All proceeds from the sale went into the purchase. Is it too late for the settlement company to c...
John Morgan
Should I claim my wife as a real estate professional?
We have 25 SFR that I self manage. My wife retired a few years ago due to our strong RE cashflow. What are the advantages of claiming her as a real estate professional? We show a loss on the rentals due to depreciatio...
Lazar Hausman
Concerns about self dealing in a self directed ira
Unfortunately, I lost my Mom a few years. As a result, I have a beneficiary roth ira. This is a great asset because any profits are tax free and distributions are not penalized or taxed. It is currently self-direct...
Lynn Dickerson
can you make more money as a 'guru'?
Through my marketing to find cash buyers/investors I have found that many don't have a complete knowledge of re investing but want to get started... however I hav found that most becokme tire kickers because of cold f...
Mark Gerlach
Investor/potential property manager
Hey, all.I recently bought my first property, a multi-family that I am house hacking. 2 units currently, with a third floor that used to be a unit and will be again. I’m living upstairs with a roommate while I Airbnb ...