Jose G.
North Bergen NJ New Member
Hi Everyone my name is Jose and I live in North Bergen, NJ (Hudson County / Northern NJ). I am new to BP, I have been a lurker for quite a few months, never making an account or posting.I have no experience in any de...
Nasir Smith
Buy and hold into rental
I am about to purchase a home using my VA loan and I plan to live in the home for the next 3-4 years and eventually rent it out or sell it. How should I analyze the deal so that can be set to possibly rent out or sell...
Barry Steyn
Properties where nobody has a claim on
How does one find a property where nobody has a claim on? What do I mean by this? I mean, say the property owner dies, and there is nobody that is eligible to inherit the property (let's assume that this person has no...
Account Closed
What happens to my credit if I do not pay condo fees?
What happens if I buy a condo in a LLC and fail to pay the condo association fees? I know I risk losing the property to the condo through foreclosure, but what would happen to my personal assets and credit if I faile...
Will F.
How to pay less taxes? 1 silent funding-1 active proj manager
Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
Nick Brogren
Purchasing from multiple inheritors - addressing title claims
Hi y'all - I've got a question for ya!I recently got a lead who claims that he is the last person on the deed to his grandmothers home. However, no paperwork was ever filed before or after her death (property is title...
Jose Rubio
Land Trust and Fraud (?)
I am very new to Land Trust and all the possible uses of them, but I wanted to post something here and here opinions on the validity of this transaction. I will try to explain to the best of my ability what I have...
Zane Ritter
The Next Move - Attempting to Start
Hello all. About 1.5 years ago, I purchased (conventional loan) and have been living in a 3x3.5 townhouse with a family member (brother) in a first attempt to start building equity through a house hack/BRRR strategy. ...
Wesley Appleget
Collecting rent through LLC while claiming depreciation personall
Hi Everyone, I just bought my primary residence and am planning on renting it out. I am the sole proprietor of my LLC and would like to be able to collect rent money through my LLC so that it is profitable and I can u...
Daria B.
Note Funds and SDIRAs
Thoughts on this….
This article was sent to me from my CPA after I asked a question about my current note investing and investments I am seeking to get in on, which includes anything from individual purchases with a ...