I am currently looking at a four plex. I would like to purchase using Seller financing. The Property is paid off, from the numbers it will cash flow well. Never structured a deal using seller financing not sure how th...

Hello BP members,My parents live in a mobile home in San Jose, CA. It is owned free and clear under my sister's name; however, she would like to transfer the title to me.  There is no exchange in money involved as we ...

I am using quicken for real estate to handle all my finances. I am buying my first property, and am trying to categorize all the expenses. So here is how I understand it.
The down payment can not be written off.
All o...

I just received back my tax prep from my CPA and it includes my first ever 1031 Like Kind Exchange. The CPA is not including an expense for agent commissions and therefore I am showing a taxable gain. For illustration...

Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...

Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...

I dissolved an S Corp in 2015 but decided to reinstate it in 2017 for my real estate investments. Do I still need to pay the $800 fee to the Franchise Tax Board for my 2017 Taxes? I know the first year of a new S-corp...

Hello all, I will get an answer on this tomorrow from my lender but this community never surprises me when it comes to being helpful with questions so thought I'd try getting a little more immediate clarity.  I'm in t...

Hello All,

I want to get started soon in investing in single family rehab homes. I have read books and articles about having LLCs and other details. Now I am just wondering where in the world do I start. I don't have...