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If I trade property I own in exchange for a property owned by a non-profit organization, what do I need to consider regarding taxes or anything else that could impact the transfer? How should we structure the transfer...
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While I wait for my Tax lady to respond to my email I wanted to post my question in the BP forums to see if I'm thinking things through correctly. I own a Duplex in Florida that I'm going to sell and it is my primary....
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Hi BP, my brother and I are in the process of trying to purchase a fourplex. I can provide (most of) the downpayment but I need his income to qualify for the purchase. Essentially, we both need each other to be able t...
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Embracing New Opportunities in the New Year
As we transition into the new year, it's imperative for savvy investors to keep abreast of the evolving landscape surrounding retirement savings plans, especially when it c...
I have heard a lot about two wholesaling gurus. I'm not sure if "gurus" will be the right word. Usually that word has a negative impact when in comes to real estate. However, they both seem pretty legit and seem to be...
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What are your thoughts on borrowing from 401k to fund first deal? Im still young so long term retirement is not a focus of mine right now. Besides, I would rather invest in real estate for retirement.
My thoughts ri...
How Real Estate Depreciation Deductions Can Supercharge Your Investments
Real estate, with its potential for passive income and property appreciation, is a favored choice for investors looking to build long-term weal...
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So in an expensive market (Seattle), David suggested house hacking. I've never done that and am a single income buyer. My question is, when I look at multi-family properties, they are priced above what I qualify for...
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I have a situation where I am the guarantor of the lease but my roommate is not paying the rent this month and wants to leave early what are my options as far as going after them?
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Investment Info:
Single-family residence buy & hold investment in Bessemer City.
A single-family home in Bessemer City, NC, purchased in 2019 for mid-level renovations. The property was acquired with the...