Shafi Noss
Tax in a Life Estate Sale
This is not a situation I have in front of me but I'm doing some exploratory thinking. What if I was talking to an elderly couple that were concerned they would run out of money but want to continue living in the hous...
Gus Muller
Scaling flip business needs private funding suggestions!
Hello BP community. Our company True Neighbor is gaining traction for scaling fix and flips. We completed 3 in 2019, 9 in 2020, and we are set to complete 10 already this year by April/May. We currently have $3MM in b...
Skyler Flintall
Raising Private Money
What’s up BP!? I’m trying to figure out strategic ways to raise private money. I know some people with capital but how do I get them on board? Whats the best method of attraction that’s going to make them say “I’m goi...
Joseph Shaggs
Opportunity Zone Questions
Hello All!Posting this to 1031 Exchanges because it seems most related, sorry if I messed that up!Based on what's been released about the Opportunity Zones program, I'm having trouble figuring out the following:1. It ...
John Nguyen
1031 Exchange - Fail to Purchase All Identified Properties
Hello everyone, Hope if anyone could help me with this situation.First-timers doing 1031 exchange. My brother and I sold a rental property for$345,000 in August 10. Purchased at $220,000.Sold $345,000Fir...
Julio Gonzalez
Example of Bonus Depreciation
In my previous post, I talked about the different property classifications to help separate real property from personal property. Identifying your personal property helps you determine the portion of your building tha...
Faridah Clark
Want to invest in more properties
I own 2 rental properties and want to gain knowledge on funding more properties
Leland S.
Solo 401k funding, payroll tax tradeoff of single member LLC
Looking for some second opinions on anyone who is "self employed" and has a Solo 401k. Probably folks here know about check book 401k's and such to invest in real estate. I am now in a contract position as 1099 and ha...
Sandra Regnell
Solo 401k Advice Requested
Hi I am setting up an LLC and transitioning over from W2 employment. I have a company 401k and an IRA. I set up a Merrill Edge 401k which looks to be really expensive and not what I need. I set up a ubiquity solok but...
Joseph M.
1031 Exchange and Renovations
If I sell an investment property can I use those funds to refinance another property to do renovations?For example: I sell a $200,000 condo with no mortgage debt on it. Then I refinance a property that I already own t...