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The property is a 3 unit - store front, 1st floor 1 bed bath, and 2nd floor 2 bed 1 bath -- $1500 monthly income. The owner owns free and clear and willing to carry mortgage. I offered full asking price of 12...
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Hi All,I currently own a rental property that I lived in for almost 3 years. I moved out last year in August and have approximately 2.5 years left to sell it and realize a tax free capital gain. Question is, does anyo...
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Hello, I want to withdrawal from my 401k to have ready for an investment opportunity.Has anyone taken a withdrawal from their 401k retirement account during this covid pandemic? Per the Care act- an individual can now...
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Can you do a 1031 Exchange if the property you buy is a multi family and you live in one unit while renting out the others?
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Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I underst...
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Hello Investors!!!!!! (And CPAs)So I did a presentation the other day regarding passive investing and one of the attendees had a question regarding how are they taxed if they are part of a deal and acting as a silent ...
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Is anyone in the BP community planning on participating in this auction in March? I would be interested to know why or why not you think this is a good way to find a deal. I have a vague understanding of the inherent ...
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Per property how much are people currently paying per property for cost seg? I heard its 5-10k per property.
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Hello Everyone,I just recently started a business this year to do LTR, and started fixing up a little house in the back of the property as well but ran into plumbing and electrical issues that cost more than expected ...
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A Tax Deed auction The property (condo) has an HOA listed as the current owner after foreclosing on a loan it made to the buyer (perhaps this is represenitive of fees not paid). The property has over $35k in property...