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Results (10000)
Account Closed 1031 account company needed?
21 December 2020 | 12 replies

We are completing a 1031 exchange. First property in CA, 2nd in Houston, TX.  Some friends say they have completed 1031 exchanges on their own and all you need is 'keep a paper trail of transactions'.However, given t...

Vamshi Ananth What information is required for mortgage pre approval?
21 November 2016 | 4 replies

Hello Fellow BPers,This might be a basic question, for pre approval of a mortgage, does the mortgage broker need the following information?Last 2 years federal tax returns all pages and W-2sLast 2 paystubs covering ...

Eran Greenburg How do you track project based expenses (itemizing receipts)?
3 March 2016 | 6 replies

This is really two questions.1. How to best track costs of a project and compare with budget (what process/software do you use). I think Quickbooks calls this "job costing":I get a bunch of receipts then need to someh...

Kyle Beauchamp Need a review of single member LLC operating agreement
23 January 2018 | 3 replies

I recently registered a single member LLC in Kansas. I got an EIN from the IRS. I opened a business checking account. I have the first property under contract. The title company is asking for an operating agreement. I...

Jacob Phillips Cash Flow is still out there!
15 August 2023 | 4 replies

View report I wanted to share this as an option for those investors struggling to find positive cashflow due to increased mortgage rates and sale prices. This is fair market rent for Section 8, with a minimum 1 years ...

Account Closed Seed Capital Consulting
30 January 2018 | 10 replies

Seed Capital is important for my first investment. I just discovered SeedCapital.com, seems like a great company. Can anyone share advice on how I can get Seed Capital to invest in the Ukraine or work with SeedCapital...

Maura Paler Question about source of Down Payment for Closing
24 March 2015 | 6 replies

We have had a HECK of a ride getting financing for our 4th Vacation Rental, but are finally getting ready to close. We are using a conventional 15 yr investment loan through TD Bank. They want to see our 30% downpayme...

Eddy Jerez Depreciation of a Rehab - No depreciation on added value?
14 July 2020 | 5 replies

I was doing my 2019 taxes, and my accountant says that the added value of my condo investment cannot be depreciated. Say What?  I bought November 2018 for $215k and rehabbed.  Been renting very well for short term occ...

Hugh Carnaha Are Cap Ex, Vacancy, Maint taxable income?
26 November 2019 | 3 replies

Howdy Guys!
This is my first real post, and i'm completely new to all this. My apologies if this question reveals i'm a moron, I assure you I have no idea what i'm doing. This has probably been asked before but I cou...

Hyoung Choi ROBS - Cashed out my 401K plan with no penalties to start C-Corp
7 February 2020 | 3 replies

Officially completed the ROBS plan and waiting on transferring funds.  I was wondering has anyone else utilized this method and what was the best use of the ROBS funds?  Is real estate flipping, holding real estate or...