Florent Breton
Multifamily Creative Deal in San Francisco
Hi BPers 👋I'm calling creative minds here to bounce ideas around a house hacking opportunity.The building: San Francisco based 3 unit building. I'm renting out one unit and the owner does not live on site.The opportu...
Cheryl C.
Tax Question: Charitable donation to fire dept. if house was going to be torn down anyway?
Years ago, I read that you could donate a house (structure only) to the fire department to practice on, wrecking it in the process. The charitable donation was the value of the structure. I believe that I read that ...
Michael Lambert
I need help with a sales pitch
Ok team Bigger Pockets, I need your help! I have just signed myself up for the Make-A-Wish Trail Blaze Challenge and I need your help with the sales pitch I’m going to use to get donations. I was thinking about using ...
Ash Patel
Irs 170 exchange
I received an offer on a commercial property today. The buyer is using a company called welfont group to do a 170 exchange. I searched through BP and didn't find anything about 170s. I would appreciate any insight ...
Paula Ratcliff
HOA board moving money from one bank account to another
I am a new Board member and need advice. Two months ago, the Board decided to get into the charitable business. There was money donated from lot owners in a fund and they chose to pay off two lot owners debt in orde...
Jeremy Zindel
Deduct charitable contributions on a Schedule E (or C)?
First off, I know this is a very specific question to my circumstances and I already have an appointment with a CPA to ask this and many other questions but I wanted to get a feel from anyone in the BP community who m...
Drew Castleberry
Question for all you tax experts
I'm being relocated out of state and I was going to rent out my primary, but found out my housing allowance will be voided if I do, so essentially I have to keep it empty if I want to get it...and I definitely want to...
Tracy Hoopingarner
Tax Deductions when donating vacant land to charity.
I had a client provide a tip to me. It suggested that if an investor holds vacant land 12 months or more and then donates the property to a charity of choice, the tax break can be up to 30% of their income. Is anyon...
Account Closed
Southern California 7 Properties Bundle For Sale
Just got off the phone with a client who is currently in negotiations with a non profit about buying 7 properties off them in Thousand Oaks, CA. He is saying that he is selling to a non profit and is not interested in...
Steve Hartkopf
When and how should retired investor sell?
I "retired" 5 years ago but kept two rentals because they're in great locations, with great tenants, good (not great) cash flow and are appreciating nicely. My plan was to sell them when I turned 70, in 5 years. Howev...