Hello all, I'm new to BP. I have several questions about converting a 6 plex apartment building into individual condos and selling individually.This is near Durango Colorado, and I think the numbers work. As I underst...
Looking to network with investors/property managers who understand/invest in student housing or rent by room. Looking for some advice on lease strategy, pros/cons, maintenance etc.
Hello!
I am currently working towards buying ownership into an office building structured with an association of individual owners for the individual units. I would be buying 4+ of the units. Each unit has its own ta...
Hello!I am trying to calculate my net worth to see if I am qualified as accredited investor.Question is,I own a duplex and live in one side and rent the other side. When calculating net worth for accredited investor s...
I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...
Hello:
To this point, I've always bought investment property as an individual. I'm about to form a partnership to buy property with someone, and I'm not sure how the 1031 rules might apply here.
1. Can I take invest...
So my first REI association meeting is tonight and I was wondering what some good questions may be to ask some of the people I meet tonight. Again my goals are to wholesale a few props then begin to buy and hold for ...
Hi I have a SFH I currently rent out. It's a 3Bed rowhome. I've always had it rented out to separate roommates (especially when I was househacking it as a tenant) on separate leases. Now I'm considering this as a hass...
Good afternoon, everyone!I'm looking for some advice.I was furloughed on March 8th and "temporarily" laid off May 31st. The initial furlough caused me to go back to school to finish my BS which I am about 1.5 years aw...
Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...