Jamie Hatleberg
Preforclosures in WA state
I am a new investor in the state of WA and I want to know if is possible to buy for pre-foreclosures. I am aware of the Distressed homeowner law. However, is there a way around that law?
Sessalli Obasuyi
Other than property tax are there any business taxes?
I know that you pay property taxes for the property you are renting out, but are there any business taxes that you have to pay as well? Is there somewhere that I could look to find out tax information?
Jonathan Norris
Want to purchase an auction.com home using a hard money loan
I am new to investing. I am looking to gain knowledge about auctions. I would like to bid on a home through auction.com. I would like to use a hard money loan to do so. I don't understand the process, so I need he...
Nick Nelson
Anything we're missing to reduce tax burden on sale of STR?
We are selling a Virginia property which we bought as our primary, but switched it to an STR. We held as primary for a year and STR for 2 years filing the appropriate tax declarations/forms etc. during each stage. The...
Tyler Harvey
Neighbor called and said moving fence 1.5 feet
Hey the neighbor on one of my properties called this mornings and said he was having a fence guy come and move the fence 1.5 feet on to my property and showed me a survey that he had done. Moving the fence will destro...
Matthew Schroeder
Accountants: Sale of Rental Property in LLC - Ordinary Income or Capital Gain?
Dear All,Are there any wise accountants out there?The Situation: The LLC in which I own a 50% interest sold a rental property last year and recorded a large gain on the sale. I had considered this a "capital gain" a...
Destinee Cooper
Wholesaling LEGALLY in south Florida
Okay I’ve got to know before I make the first move, is there a way I can wholesale LEGALLY in south Florida without a license? I plan to start wholesaling just to get a feel in real estate, educate myself further and ...
Mark S.
Leaving Funds to be ”Accrued” w Operator/Syndicator SD-Roth IRA
I own a couple of cacao parcels as part of an agricultural opportunity/syndication inside my Self-Directed Roth IRA. The SD Roth IRA owns the physical parcels (not a fund), but turnkey managed, syndication style with...
Shannon Hogan
Multi-Family Syndication Experts
Hello All,
What are the major pitfalls when syndicating a larger asset? Also, please feel free to elaborate on the do's and don'ts in a multi-family syndicated larger deal...
I'm a newbie to the bp forum. My goals ...
Account Closed
Inherited property and stepped up basis vs 1031 exchange
I have a client in California who wants to sell their house to me and keeps mentioning a 1031 exchange, however, she inherited the property in April 2011. This house is in bad condition and I'm buying it as a flip, h...