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Results (10000)
Michael Gust 1031 Exchange and Solo 401 (k) questions
18 October 2022 | 10 replies

Hello Bigger Pockets Friends!  Looking for guidance on two questions related to single family detached rentals. 1.) If I sell a rental that I acquired using 100% qualified retirement money from a Solo 401(k) and immed...

Daniel Sherman 1031 Strategy - What to do with a Boot?
27 February 2023 | 6 replies

Hello Fellow BP members,We are closing on our first investment property on Feb 28th, 2023 and would like any advice from others who've successfully executed a 1031.  Our numbers:Purchased duplex in 8/2020 for $120K wi...

Joe Farruggio Flip & Taxes - Capital Gains?
30 June 2022 | 9 replies

So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...

Rebecca K. Memphis Rentals: Eviction and now Bankruptcy
24 March 2018 | 14 replies

A tenant is almost $4,000 late with rent.Through my property manager, we were awarded judgement and possession after an eviction proceeding. Since then, the tenant has filed for bankruptcy, which has ceased all action...

Mike Miller SYNDICATIONS FOR 1031 EXCHANGES/ CAPITAL GAINS
12 February 2022 | 12 replies

1. Can anyone recommend a solid syndication that accepts 1031 exchanges, preferably Multi Family?
2. If I have a property in a 1031 exchange and I am looking to sell it, I will be on the hook for capital gains and de...

Juan Rodriguez Running out of time for 1099s
31 January 2023 | 11 replies

Hello,I've been a landlord for many years, but in 2022 we bought, rehabbed, and started operating a short term rental, so we have paid several contractors over $600. This year I also paid over $600 for property manage...

Steven Chang Business Accounts Affecting Credit Score
1 March 2016 | 2 replies

Should I be concerned that opening accounts (credit card, checking, savings) for a business could affect my personal credit score? I have 700+, but it could lower my chances of approval or increase my interest rate fo...

Jacob Johnson Foreclosure proceedings on non owner occupied
27 March 2020 | 0 replies

I am getting pushback from counties in Florida and Georgia to proceed on foreclosure of business loans. I was under the impression that the mortgages that would be held up are federal backed and owner occupied? Any in...

Chris Serger Need help figuring out yield based on IRR
25 January 2019 | 2 replies

I'm an REI newbie and have been talking to several MF syndicators and have learned they mostly use IRR when promoting their offerings. I get conceptually how IRR differs from ROI, and I'm good with Excel and know how ...

Michael McInerny selling 2 rental properties to purchase unimproved land
25 May 2018 | 9 replies

I am selling 2 rental units to purchase unimproved land to be used as my future primary residence. In addition, I currently have my existing primary residence on the market as well. What are my best options to avoid c...