Joshua Zilinskas
Newbie student from Minooka Il Seeking knowledge
Hello my name is Joshua Zilinskas. I currently reside in the small town of minooka illinois . Where do I start? As for knowledge about Real estate,Business, and Investing my knowledge is limited ,but I hope to change ...
Brian Henry
Tax Advice - College Rental Property
I bought a property last April that my son and 2 college student roommates are living in. Getting ready to do taxes for the 1st time since purchasing. Do I treat the property as 1/3 second home that my son lives in ...
Alex Boots
Cash at closing
I am looking at a 48-unit deal and spoke to the broker today. I asked him other than price, what motivates the seller the most? He said cash at closing. Can someone clarify what this means? If I get a conventional loa...
Gui Qiu
Non U.S. Citizen + Buy property = 40% taxed upon death?
I am wondering if there is anyone else noticed about this issue, if you are a non U.S. Citizen you don't get 5 million U.S. dollar tax exemption and it doesn't seem likely possible to have an workaround for this (e....
Jason Duncan
Best Practices: Structuring Partnerships
We are a new real estate investment company located Arizona, focused on multi-family properties in Phoenix, AZ. Looking for information regarding how to best structure partnerships where one owner brings more capital ...
Paul L.
Keeping imputed interest from increasing price
I have a deal for $135,000 with 0% interest. This is in the form of a promissory note in exchange for the house. The seller is worried about tax liability down the line. Instead of a $135K loan at 0%, could we say som...
Kerry M.
Which is better?
Trailer in a college town for sale for $10,000. Lot rent is $250-315, depending on water/sewage/trash/taxes. Condition well cared for, not moved; old but no repairs needed. 2 bedroom, 14 by 70. Renting one room i...
Account Closed
BRRRR with private lender
I am super interested in the BRRRR strategy and just want some clarification on how to use a private lender. I would want to use a private lender to put 20% down on the house and 12 months later refi and pay the lende...
Barry Weinberg
Starting Over ...Advice welcome!
Hello, Just found BiggerPockets.com and am writing my first message.In 1995, we bought our first townhouse for about $58,000 in South Florida (Broward Country) with gift money from our wedding. We lived there about...
Josh Pryor
Tenant Parking at a duplex
I have an inherited tenant with a small issue. The garage does not come with their unit. There are 2 parking spots in front of garage door, and 2 on side of house. They constantly park in front of the garage. Both spo...