Tyler Brown
Trying to wrap my head around tax implications
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...
Account Closed
Should I sell or hold
Hello BP I recently bought a 8plex and 2 duplexes for 200k. it was and is currently fully rented out and I get 4600/mo. after all expenses I get around 2500 cash flow. I used the no money down way(actually it was abou...
Rodney Marcantel
What's the best thing to do, Rent or Sell our Home?
We're at a crossroads of what to do and seek advise from experts both in the investing and financial areas. Here's our situation...Our Home is worth $450K (according to comps provided by our RE agent). We own the hous...
Lena Truong
Where to park your down payment.
We are set to close late November on a turn key. Where would you recommend parking the down payment and fees for it? It'll be about $25k.
Zach Schwarzmiller
Transfer Upon Death Clause - Promissory Note
Greetings - I am borrowing large sums of money from a private individual and drafting promissory notes. One thing they would like to have in the promissory note is a TOD Clause. I am not looking for legal advise, but ...
Farrah Cosby
Roor text message balance transfer
Hello - I'm selling off my wholesaling business. I have a balance of $845 on my roor text/SMS platform and have been given authorization by the account manager to transfer that to another users account. Taking bids st...
Justin S.
Pull out equity or 1031 exchange?
I have an 8unit building under contract and am thinking of selling a 4unit of mine and do a 1031 exchange.
If I sell the 4unit I will be cash flowing $7,000 less a year but put roughly 50k in my bank account and of c...
Michael A.
Using life insurance to buy real estate
I’m curious if any investors on here have used cash value life insurance to buy real estate? My Grandfather taught me when I was young how he used his cash value to buy assets and earn a return on his money while it’s...
Diana Medina
1031 Exchange - How to split the funds
Hello.I’m closing on the sale of a property and have the option to roll over the gains into a 1031 exchange. I’ve identified a new investment and can use part of the funds to finance the new purchase. I can identify a...
Mark Abele
Unexpected death plan
Hopefully this isn't too macabre, but as my portfolio gets bigger I've been thinking about how big of nightmare it would be for my wife to deal with should I die suddenly and unexpectedly. Curious if anyone has some a...