Nik L.
Where to put my 1031 exchange money. What would you do?
I sold a highly depreciated SF Bay Area california duplex I have owned for more than 2 decades. I sold due to rent control and a bump in value but I hope I haven't made a mistake. About $48K in annual net income plus ...
Ryan Sarka
Investor out of Buffalo NY
Hello Everyone!My name is Ryan, I signed up for BiggerPockets years ago and have been stalking the forums and listens to the podcast ever since. I’ve been going to the local meet up and feel like I might as well start...
Lance Neighbors
Gifting property to my children
Hey guys! I hope you all are doing well! I have a huge question that I hope you all can help me answer. I have a financial plan to purchase a duplex each for my children when they turn 5 years old, hopefully have the ...
Andrew Angell
I have some questions about running STR as active vs. passive.
We are under contract on a property that we'll be operating as a STR and managing it ourselves.We have paper losses on our books from a syndication that generated bonus depreciation last year. We also have an S-corp ...
Kevin Lillenberg
How can I access my 457 retirement funds to invest in RE?
Hey everybody- Just got introduced to BP and have already learned a lot just from following some of your posts, thanks!I have recently retired from LAFD and would like to use my 457 deferred comp retirement funds to i...
Zach Quick
Selling property in IRA with portion as ‘Blue Sky’
A property owner owns a property/business in their self directed IRA. If they are going to sell, are there any issues in regards to the IRA if some of the total purchase price is allocated towards ‘blue sky’, ‘reputa...
David Tubesing
Alabama Tax Certificates - Dangerous Property
I have acquired a property that is in far worse condition than I expected. The Certificate I have is for a property that in my opinion is beyond repair. I do not have high hopes of this property being redeemed due to...
Nikki Kofkin
Special allocations of profit sharing in multi member LLC advice?
Hi everyone, I am in a three member LLC as stated above. I am hoping there is a tax expert out there who can help advise on what is allowed in terms of profit sharing, specifically if only one or two members of the LL...
Damir Kamber
How much should I expect to pay an accountant in Atlanta?
Greetings all,My education process is moving along really well and many thanks go to the BP community. I am almost ready to actively start looking for my first rehab property. I am currently shopping for an accountant...
Shelby Mammano
Attempting to purchase property recently donated to a university
Good evening BP members! I have a fairly complex scenario and am seeking your help!I am interested in purchasing a duplex in my area that was donated to the local university in June of 2017. The property was then plac...