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Results (10000)
Fiorella Caraballo Refinancing a flip under my corporation
12 January 2019 | 1 reply

Hi, I own a property free and clear under my corporation. I would like to refinance it . how does it work? Do I need to put the property under my personal name? Does my personal or business income and credit are neces...

Jay Richards Not piercing my own veil
26 July 2016 | 7 replies

I have recently begun my journey into investment real estate. Two houses held under seperate LLCs. I am concerned about how I can expense things that were purchased on a personal credit card (building material and h...

Stijn T. Financing a vacation rental
9 December 2018 | 8 replies

Hello,My wife and I are looking at doing a 1031 exchange and purchase a property on the Oregon Coast. We understand that it's not very realistic to expect that a vacation rental will be the greatest investment but thi...

John Oliver LLC for business & interest deduction + residence?
14 September 2016 | 3 replies

I have some questions regarding the purchase of a personal residence, potentially via an LLC (state of CA). The following describes the scenario and goals (which are somewhat unique). The names and amounts are fiction...

Sami Gren Tenant wants landlord to pay for damaged small appliances
10 October 2019 | 11 replies

Someone asked about this interesting phenomenon. he had a roach infestation in his rental building, and he did call an exterminator to treat it.one tenant though is claiming that a toaster and microwave got infested a...

Chuck B. How much do you pay for your personal umbrella policy?
24 February 2015 | 19 replies

My agent just quoted me 1M coverage for $352 a year and he said this will cover both me and my wife.  I had heard previously that these were even cheaper than this, but maybe it's the fact that I'm insuring both of us...

Vania Castillo Questions about 1031 Exchange
29 July 2018 | 3 replies

Hello BP Community!I finally was able to sell a foreclosure property I bought 4 years ago via tax lien!  I held the lien for over 3 years, foreclosed around 6 months ago and sold the property after having ownership on...

Jaime Nichols 1031 basis or basis 101? I dont know can I get witness!
4 April 2013 | 4 replies

Thank you for your help!

Q) If a person lived in residence for 10 years, paid the property completely off, and wants to move to another state,

Does the basis include the interest and repairs on the home?
Also if t...

Lenita Stovall How much earnest money should be given in wholesale deal?
3 August 2020 | 4 replies

I am new to wholesaling in need to know what is appropriate amount for earnest amount?
I wrote a contract and send it to a seller that is also a real estate agent they sent a counter with her own form of contract an...

Camronn W. Pulling equity out of investment property!!?
14 June 2014 | 2 replies

I found a bank that will do 75% LTV on my property . The problem I am facing now is that the bank says they cant do it, because the property is held in an LLC. Any suggestions or advice would be greatly appreciated...