Hi everyone,My mother had went through some credit issues a few years back and has been renting. I am in the financial industry and have been guiding her to get her credit back in line but I know it will take some ti...
Hi all - I have a question on depreciation recapture as it relates to syndications and calculating after-tax returns as an LP (I am mainly thinking about multi-family here). As I understand it, an LP will have to pay...
Hey Y'all,I'm brand new the this site and looking forward to a lot of hard and rewarding work/fun in Real Estate. I'm here in Texas, Fort Bend County, just to the Southwest of Houston. I've been W-2 ing it for almo...
I'm completing due diligence on a first position NPL on a property in WA state, which has a statute of limitations of 6 years in the event that either the loan was accelerated (NOD) or the borrower had a bankruptcy di...
Hey guys,Situation:I can't get a conventional loan and I'm out of money for a down payment. I want a duplex and owners are willing to take on financing with 25k down. The numbers make sense. What's the best outcome yo...
Hey guys, I a working with a community bank and a commercial mortgage broker on small (20ish unit) multifamily property. Both of these people say seller carry back with a bank or agency loan doesn't exist... what am I...
Investment Info:
Single-family residence other investment.
Purchase price: $1,760,000
This is my first primary purchase with the intent to complete a live n flip or live n rent. Home values in the neighb...
Hey BP!
I've been facing issues with my current accounting company, so I met with another tax professional who suggested incorporating as a C-corp instead of an S-Corp. I'd love to hear insights from BP CPAs and Real...
You will be amazed on how much more you will accomplish and accelerate any of your life’s goal when you line up your actions according to the importance or rank of these 5 currencies. Currency by definition is a medi...
Not sure if this is possible: I am looking for ideas on how to legally add someone (or an LLC) to the title of a property without necessarily having to obtain a new loan.
The background: My partner currently owns a p...