Ben Rodriguez
Do I have to adhere to the 1 year rule between loans?
I recently closed on a duplex with the intention of moving into the vacant unit (I inherited a nice-but-always-late tenant, which I'll ask about in another post). Since I am moving in, I was able to get a conventional...
Stephanie Alexander
Just getting going in Boise, ID
I just joined BiggerPockets a few days ago and am so happy I did! Already finding a lot of value in the information through webinar and website. I am a realtor in Boise, ID area that has done both long term and short ...
Ryan Huddleston
Does this qualify for a 1031?
I bought a house a year ago then did a major rehab. I advertised it for rent and even showed it to a few potential renters but decided to sell it instead. Can I 1031 exchange it since it was never actually rented or...
Elisa Lowe
Selling subdivided land after 1031 Exchange
I have a client who would like to do a 1031 exchange: selling a 1.6 MM piece of vacant land and replacing it with a 1.5MM apartment complex (plus another small property). The seller of the apartment complex is in the...
Pearce G.
Cost basis on subdividing
I have a commercial zone property under contract that includes a building that I intend to hold for rental income and some additional vacant land that I intend to subdivide from the building and then flip.For tax purp...
Brandon Sturgill
Does 1031 Impact Ordinary Income From Sale of Rehab Property?
So, my CPA indicated that a 10301 really won't assist in deferring capital gains because capital gains are irrelevant when selling a short-term investment. His explanation is that the profit will be taxed as ordinary ...
Ken Thom
Buyer's disclosure of intent of property use required ?
Greetings, CO newbie jumping into SFR investing while working a FT job. Do I have to inform the seller that I intend to use the property as a rental property when submitting a purchase offer for it? Thanks in advan...
Monika Thapa
apartment complex purchase
What are the steps involved in the purchase of apartment complex? Do I need to get contract letter written by my realtor checked and correctly worded by attorney?
Thomas Scott
Buy and Hold Real Estate Financing
Hey Guys, I'm pretty new to BP. Just seeing if any of you know of a private lender that has a loan program that allows investors( who buy and hold real estate) who are looking to scale up their business to purchase a ...
Kim LeJeune
Tax Advice for a "Lease Option".
Hi,
I have a house that is owned fully by me (no mortgage) that I created a lease option on with a lessee. The FMV is about 165k. I received a 15k down payment and am receiving monthly payments of $1578 for so many ...