I own a relatively local rental that I want to sell and buy a potential retirement home. My daughter lives in Tampa so the gulf Florida coastal area would be okay. Also the Smokey Mountain area. I’m partial to NC in p...
Greeting BP community,
I have a question about the 1031 exchange
I understand the main concept but I am having trouble wrapping my head around the mechanics.
My situation: I currently own a duplex that I have lived...
Hi All,My name is Omer; I am a new out-of-state rental ( buy and hold investor) currently exploring investing in Birmingham, Alabama.I would love to get some information about areas to look into ( mostly C+/B areas) i...
Is there a low cost entry to start real estate investing in Ontario, Canada or do you need a large amount of money? I would like to know your experiences
Hello!
My mom and I are working together in our real estate investing journey and we're beyond excited. We've bought 2 mobile homes and they should be fixed up by the end of this weekend (a whole other experience lea...
We have identified a property we'd like to purchase, and could sell another investment and do a 1031 exchange, but an interesting option has presented itself. Another investor friend recently purchased a commercial w...
Hello BP,Can someone help explain why self-directed IRA’s are subject to UBIT tax on non-recourse loans but a solo 401k is not? I understand that the 401k is considered a “qualified plan” but, in my eyes they both hav...
Hello all,So my partner and I have a meeting with a local CPA coming up and I wanted some insight as to any specific questions we should ask. We formed our LLC this year and are set up to do business in two different ...
Hello everyone!I was shocked to learn that the tax implications of flipping property in New Jersey could make it cost prohibitive (eat of most or all of the profit). Are there any New Jersey season investors that coul...
Hi all,My wife and I bought a 2/1 condo in 2005 for $435K in San Mateo, CA. Due to our children's schooling situation we had to move into a San Francisco rental and rent out the condo which we have done since 2010. We...