Purnell C.
Property with family member
A family member and I have an agreement that he will manage a property that I recently purchased and when we are ready to sell, he will receive a percentage of the proceeds. He would like for us to establish a partne...
Alissa Thompson
Partnership Tax filing with Cash Investors and Sweat Equity
Hello Bigger Pockets Community, My husband and I partnered on a triplex with my aunt and uncle. They brought a majority of the funds to the deal and we brought sweat equity for renovation, on going management and main...
David Pope
Tax deductions when 1031 Exchange unavailable
I inherited 5.6% of a commercial property that is worth approximately $27m with $11m remaining on a loan. My stepped-up basis is $21m. For reasons I don't yet understand, if the property is sold I cannot take advantag...
Laurent N.
Major Rehab/Construction Loan on Inherited Property
All,
First, thank you in advance for all the insight I will receive from all of you. I'm a real estate investor who currently lives in Washington, DC. I have 3 doors and am trying to expand further.
My sister and I...
Marlon Carranza
Rookie from NYC
Hello fellow Investors!Before I start I just want make sure I thank the creators BiggerPockets, I love your podcast and that is how I discovered the website, so please keep up the great work!I am from New York, New Yo...
Jared Newman
Negotiating for Borrowers: Points vs. Note Rate
When a borrower is negotiating terms with a lender, he/she needs to determine the amount of points and note rate that will work best for their situation. Here is a breakdown of what it looks like when a borrower choos...
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Managing your Money
When your making money either buying and selling property or you have cash flowing properties, how do you manage your money ? What do you do to maximize your dollars ? Do you build up your profits and save for another...
Angel Sanchez
Looking to start an S Corp - Lawyer or Accountant?
I need help with filing for an S Corp. I'm all about saving some money where I can, but I've heard that if something is wrong on the filing it may delay or prolong the process and getting in contact with the IRS or st...
Robert P.
Getting mortgage pre-approval before making an offer?
Do you guys tend to get mortgage pre approval before making an offer? I would prefer not to do a hard pull on my credit. Also, how do you guys go about finding the best lender packages? Interested in hearing the t...
Trecia S.
Unmarried couple joint venture questions
I've looked through the archives and can't seem to find a thread that answers the questions to my specific situation. My boyfriend and I just bought our first rental property (SFH) cash and the deed is in both of our ...