Caleb Heimsoth
Should I avoid PMI on second purchase or not?
For my second purchase I was looking at putting 15 percent down, which would include PMI. My question is, is this worth it or should I avoid it? I'm looking at SFR in the 65-80k range. To save up the extra 5 percen...
Brad Pietrzak
avoiding taxes on asset transfers stocks to real estate
is there a way you can avoid taxes buy transferring stocks that have grown over a while to income producing investment rental real estate?
James Wilcox
Selling for less than purchase to avoid capital gains
I recently talked to a motivated seller that is interested in selling a small multi-family property. He states that he is looking to avoid capital gains tax and wants to do a 1031 exchange. He purchased the property f...
Mike Warder
Avoiding 1031 deferred taxes with a land-lease condo?
If I 1031 exchanged into a condo on a land-leased property, once the property reverts to the land owner would I have to pay any deferred taxes on the relinquished property sale? Since there would be no sale of the rep...
Daniel Delanty
Selling property, want to reinvest and avoid CG tax
BP community, I could use your guidance. We are selling one of our 2 rentals to free up cash to reinvest. We thought about a refi but decided to price it high as the market seems to be peaking and to test the water. W...
Account Closed
Using a Pension distribution for real estate - Penalty Avoidance?
I recently was offered a pension lump sum payout by a previous employer. As a 45 year old, I have a few years left until retirement. I have 13 vested years with this previous employer with a monthly payment estimate...
Tyler H.
Originator pushing loans through different states to avoid laws??
I have a client who was in contract on a small investment property in which he found a company that would "broker" the relatively small 50K loan. (80%) There was a number of red flags and horrible communication.... To...
Ben McPhail
Ask seller for allowance to avoid putting money down
I am looking at purchasing a home for 70K. Rents for $900. Cash flow after PITI and property management would be about $350 with 5% interest. I was thinking about offering 86K with a 15K allowance to avoid paying d...
Julie Williams
Do you avoid buying properties with known drug history?
A town I like in Vermont, Springfield, has good prices in the otherwise insane Vermont real estate market, in part because it has a fair amount of crime, although the amount of crime is still well under than the U.S. ...
Mike Schorah
As a rookie, what year built should I avoid?
I’m trying to do a BRRRR, but I don’t want to do a full gut rehab. Should I avoid houses built before 1970? 1960? 1950? I know that money can be made with full gut rehabs, but I also know that rookie mistakes are extr...