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Results (2260)
Sam Schultz Dedicated to Success
28 February 2024 | 7 replies

Hello everyone,This is my first post outside of my introduction. If you'd like to know a little more about me, please read that post and feel free to comment or send me a message.I currently have a career in the blue ...

Bryan Hancock Deduction of Interest on Home Mortgage on the Chopping Block?
14 July 2010 | 38 replies

I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.

Does anyone know what is happening with this? Who is pushing th...

Marty G. 1031 Like Kind Advice/Help
19 September 2021 | 3 replies

I have owned a property for about 4 years.  It is not my primary residence and have used it as a vacation property.  It's located in FL and the market price for the house is estimated to be $150-175k over what I paid ...

Daisy Ferreiras First BRRR; Final numbers
9 October 2019 | 26 replies

Hi all,Wanted to share my first deal. I did the BRRR method
Purchase Price: $92,000
Rehab: $35,000
ARV/final appraisal: $175,000

Doing a cash out refinance and was able to get 75% of the ARV. Since I only needed...

Cha Yang Flip, refi, lease option, then 1031 exchange
2 June 2016 | 6 replies

Hello BP,I did some research and couldn't find if this has been tried before. I have my first flip under contract but I wanted to run this strategy (I thought of last night) by the BP community to see if anyone has tr...

Gina K Vallone Tenant put down a deposit to hold apt but have bedbugs!
30 November 2019 | 14 replies

Prospective tenants put down a nonrefundable deposit to secure an apartment. Nothing signed just texts agreeing. Good references but started asking to buy the 3 beds in the unit so I get red flags! Called their landlo...

Manohar Reddy Paduri HELOC and its effect on new mortgage rate & LTV
18 August 2021 | 9 replies

I want to take HELOC 40K line on current primary home with Market value of 620k and equity of 180k.
I also want to move out in 3 months after purchasing new property as primary and making current one as rental.
so w...

Randy Rought hold or sell
24 November 2014 | 8 replies

I bought a foreclosure Condo (2 bed/1 bath) in Colorado Springs a while back for $50K cash. We have been renovating it and I have been doing the work myself because right now I have the time and luckily enough the tal...

Keri Middaugh LLC structure in Michigan, juggling the bank accounts
22 August 2016 | 10 replies

Hello, everyone, my question is about how to structure my rentals and flips in 1, 2, or more LLCs.  I've perused the forums and haven't quite found what I'm looking for.  Ideally, I'd have a simple system that does no...

Pat Opiola reporting sale of flips to irs
3 March 2011 | 24 replies

I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...