I'm going to be very honest about my situation. What I'm wanting to accomplish may be immoral but I'm looking for a legal way to get my bank to sell my mortgage to a trusted 3rd party. My soon to be ex-wife and I are ...
Hey All,I'm a new BP member living in San Diego, CA. I'm looking to get some advice on my current situation. I have 2 properties that I bought prior to finding BP and becoming knowledgeable (somewhat) in REI.Property ...
So I'm under contract for two different properties that each have separate sellers (both parties unrelated completely). Since one property falls below conventional loan minimums (75k is usually what I see as a min) an...
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I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental. Trying to understand if we should sell now...
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Hey BP! I purchased my first SFH less than 2 years ago (May 2019), but am in the process of selling to live with my SO and to aggressively save to pay off my student loan debt from grad school. My house value has incr...
Hello everyone. My name is Erick. I live south of Detroit and I’m ready to start my adventure in real estate investing. I purchased my first home 17 years ago and lost my butt on it. So I’m hoping to sell it soon and ...
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Greetings,
What would be the best way to go about my scenario! I have a personal property single family residence, that is a homestead. I am in the process of renting out. This property is not under my series LLC. I ...
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Sell the house or keep it as a rental?
Curious to get the group's thoughts.
We are moving and have already got another house. We were going to sell our current primary residence, but are having a hard time doing it...
Buyer wants two contracts. One contract for one property for 5 dollars and another contract for the rest. The total selling price for the package would be unchanged. Are there any implications (like taxes) on doing th...
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I'll preface this by saying I've already taken these questions to three separate professional accountants. One straight up told me he has no clue, and the other two gave conflicting answers. So hopefully the interne...