I am selling 4 small properties and buying a single multi family and using 1031 exchange. The total funds from sale of relinquished properties combined is approximately $400k and purchase price of the replacement is $...
If my brother and I hypothetically invested in an income producing property together, would only one of us be able to claim material participation in order to allow us to use bonus depreciation to offset our active in...
I'm looking to purchase a deal with conventional financing (my first investment outside of my homestead). I have a deal I'm interested but in order to fully analyze it I need to know more about the interest rate and ...
Hi Everyone,I've seen a few posts on here that talk a little about what I'm wanting to do, but none of them are in my exact position so I wanted to see if I could get some additional insight.Currently, I'm closing on ...
Hi - I own a house in Oakland. I paid $339K. It's now valued between $750K - $850K and generates $5,700/month in rental income (pre-tax). I have a mortgage of approx. $195K. I've lived in the house 2 of last 5 years, ...
Hello BP!Long time reader, brand new poster. I am a small investor in the Syracuse, NY area and am looking for ideas as to what my best options may be to raise capital for a down payment fund of sorts. I have several ...
I have four properties (Live in one, rent two, rehabbing 3rd rental as we speak). I got started in real estate by buying a unfinished house (had to get HELOC on personal residence to purchase), I finished building th...
Hi Guys,I want to start investing in converting single family home into multiple family for rental income. I want to start with my own family home (with 1 unit) then more from there, I wanted to get some ideas on how ...
I'm looking to buy a property in downtown Las Vegas zoned R-3 Medium Density Residential. It has 2 seperate 2BR/1BA homes, but they are just listed as structures A and B. They are listed as the same address. Is the...
BP,I am possibly purchasing an off market package deal with 4 different properties in Chicago. Anyone have any recommendations for a great attorney specializing in commercial properties?Thanks in advance!