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Results (10000)
Kyle Storms Changing Primary Residence to Rental Property
20 December 2013 | 12 replies

Good Morning Fellow BPers!

My wife and I are thinking of purchasing a new home due to a growing family and we would like to convert our existing home to a rental property. There is little to no equity in the...

Leslie A. Getting confidence back after mental breakdown
2 November 2017 | 12 replies

I'm probably the only person on here that has gone through this, but I don't know of another forum where I can discuss this. I rent out RVs that people live in. I've been doing it for over 3 years. So, eleven months a...

Sebastian E. Condo conversion on 4 unit FHA
20 February 2022 | 7 replies

I have a theoretical question that I wanted to run by the community. I am analyzing a 4-unit building in an up and coming area. The numbers pencil out fine as is but I wonder if down the line the condo market in this ...

Sophia Wang Best way to structure a deal in Self Directed IRA (Roth)
27 October 2021 | 4 replies

Scenario: I own a land parcel in my self directed Roth IRA (let's say valued at $50k), and have a small amount of additional funds ($25k) in the Roth account. We plan to build a home and sell (construction budget $250...

Fernando Morales Legal duplex converted to tri or quad
9 September 2021 | 6 replies

I am looking to buy a triplex or quad. I have come across some legal duplexes that have been converted to either a triplex or a quad. What are the consequences that could happen if I purchase a "nonconforming" propert...

Joseph Tarallo rentals and llc help
10 November 2016 | 5 replies

@darrensager I'm curious to know what most property owners do when it comes to protecting yourself and also tax purposes.  I read some pros and cons for putting rentals in an LLC.  The one that concerns me the most is...

Elizabeth Blazina wholesaling, owner wants to do 1031, any deal structure ideas
2 October 2015 | 3 replies

Hi, I am in the process of  presenting an offer on a property owned outright.  The seller has had for over 30 years.  He has stated that he wants to do a 1031, however he does not have another property in mind yet.  I...

Jess Archives Can I use an LLC to do business if the property isn't under it?
16 May 2020 | 2 replies

For example, I want to use the LLC when I do business with property managers, contractors, opening bank accounts, accounting, cash flow, taxes etc; but at the same time the properties for the mentioned transactions ar...

Nick Shriner Managing Short Term Rentals
3 February 2021 | 7 replies

My wife and I currently manage our own STR and it has been amazingly successful for us.  We live in Coeur d'Alene, ID which is a resort town so we are seeing profit year round.  We have had a few folks reach out to as...

John Humphries Canadian Content - Selling strategy to avoid capital gains
8 March 2021 | 4 replies

Looking for some advice on a way to sell a property in Canada without taking a big capital gains hit. I purchased a rental property for $193,000 a few years ago and our market has gone up considerably since. The prope...