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Hello BP community, I recently sold my personal property and was able to gain a profit of about 53k which I am planning to use as a down payment for my first rental property. I work as an independent contractor and ha...
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Can I legally sell or transfer (which is best?) my primary home to my LLC (that already contains 11 uniits) without losing my Section 121 benefits (capital gains exclusion)? Lived in home 2 of last 5 years. Now conv...
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what exactly do you need a real estate license for? Do yuu need it if you buy and hold? or flip?
I am the owner of 126.39 acres with two (2) homes that I am privately selling. Ten years ago when I built the second home, I subdivided out 5.63 acres from the original 126.39 acres to put with this home. Partly to ...
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I am looking to bring on a private investor for an apartment deal. However, I need to understand how to pay them out before I do so.
Example.... I put my own money down, and then use their money as well to buy a bigg...
I recently ran into this question with my remote multi-family property so want to see whether people have any thoughts or what should be normal practice.I hired a local 3rd party property management company to help me...
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I currently have a tenant that is renting for $1300 a month, however they want to purchase the house. I was thinking of renting for $1900 a month for 20 years, after 20 years the house would be their's, has anyone el...
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Has anyone decided to get their GC or Residential Builder license just for their own fix and flips? If so, did it work out as expected or was it just a huge waste of time and money?I find it frustrating in both findin...
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Is Dual Agency something to be avoided?Situation: I went to a rental showing because I was interested in purchasing within the building at some point. The showing agent happened to be the owner of the unit, who is a...
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As an owner of a couple of duplexes I have benefitted from depreciation over the past 20 years. I am now looking to move into passive investing and still want the benefits of depreciation to lower my taxable income (i...