Ben Baron
Growing concern over hired contractor
Hi. My fiancé recently agreed to a contracting job to renovate a house we plan to occupy. I’ve grown a bit concerned and in need of some advice.
They were recommended by a real estate agent from this website. They s...
Daria B.
1 1099-MISC online print and mail
I only have one 1099 that I need to distribute and most of the sites I found charge for e-filing. I just want to fill it out, print and mail. I could do it manually but I don't want to write it in, rather would type i...
Donnie Mac
Inherited property into a 1031 exchange
I have a unique situation with property owned by my Mother (still in her name). She currently owns a 10 acre parcel in rural Southwest MO with a 2,000 s.f. 3/2 SFR. Due to neglect, this house is a serious fixer-uppe...
Nicholas Burch
Do not laugh at me too hard, looking for bridge scenario
Are the following terms achievable in our current market conditions? Looking for a bridge loan.
Hank Thomas
To Develop or Not? Have Land What To Do?
Hello BP community! Question regarding how to best utilize a piece of property. 30 acre tract which is situated along a state highway in TN and is currently being farmed. The land is under a three year lease and I'...
James You
Indianapolis Visit 3/22 ~ 3/23 - Would love to connect
Hello Indy BP community,I plan to visit Indianapolis next week (3/21~3/23) to view potential investment properties and to get a feel for the city. It is my first time visiting there, and I would love to connect with ...
Jay G.
How to pay expenses / renovate home owned by self directed IRA?
... if the IRA runs out of funds to cover those expenses or pay for required repairs, etc. Example:IRA starting: $200,000Purchase property: $180,000IRA remaining: $20,000Repairs needed before being able to rent/lease ...
Kevin Hurricane Hudson
Using a credit line and paying it back
I'm in the process of acquiring a credit line on a property. I'll have a $200K credit line soon. I know I could do a BRRR with a property under $200K but what if the property is over the $200K mark. How best do I...
Erik Kubec
$5,000 Start up expense deduction for rental?
I may just need to hire a tax pro for this question... pm me if you are taking on clients.
My wife and have purchased 3 rental properties which I actively manage. (I do the repairs on all of them, collect rent on o...
Todd G.
Rental Fire - are insurance proceeds taxed?
Rent house burned down. It was a total lose. Insurance money was paid out and I'm coming out ahead by $40,000. Will I need to pay taxes on the gain next year? If so, is there a way to avoid paying taxes?