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If anyone saw @Dave Meyer IG post the other day, you can guess rates are going to rise to low - mid 7% (Some are already there). I know no one has a crystal ball to tell the future, but I am curious on everyone's thou...
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Hello everyone,I recently went under contract for a 3 unit MFR in the Cleveland Heights section of Cleveland, OH. I need to connect with a lender who can assist me with obtaining a loan based on the following criteria...
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Hi all! CAPITAL GAINS TAX — NEED HELP! 🙏I bought my first investment property in August 2018. paid $152k and have put in about $20k in renovations. It's currently rented for $1600 a month and I have it listed for $252...
My mom is turning 90 this month and is no longer interested in a 7 unit building. I want to take it over but the capital gains would be 50k. Upon her death it passes without CG and transfers with a $0 basis. I want t...
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Hey BP,My name is Ryan and I am from SWPA. My family and I still live in the area and we love all that it has to offer! Like most other new comers I stumbled upon BP while doing some google searching and was instantly...
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My uncle passed away and left his house to the family trust where my dad is the executer. My dad wants to sell the house to an investor because he wants it off of his plate. I want to be that investor and flip it. I'd...
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Hi there fellow Canadians.I am in the process of getting my business off the ground and I've been advised to set up a legal entity so that I can buy houses with it. My training is by an American who also has students ...
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Hi Everyone,
Hope everyone is doing well. My name is Victor and I live in Buffalo Grove IL. I’m considering purchasing a single-family property that’s below market value due to disrepairs. This will be a home I pl...
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Hello, my name is Michael. I'm new to this community, and new to investing in general.
I've recently saved enough resources to purchase my first business, which I'm considering to be a gas station.
I've done many o...
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I would like to sell a rental property and do a 1031 exchange to buy a property from my mother's estate (I am a beneficiary). I just learned this might be an issue due to related party.