AJ Stanis
Question about inheritance buyout and Prop 19 tax benefit on property in CA
Hi,I have a question about inheriting a property in California. I am inheriting a property in CA with my siblings, the property is in an irrevocable trust and I am looking to buy them out. At first I thought I cou...
Joey Budka
Entity structure with equity partner?
Can anyone provide insight into various approaches to structuring an entity for a single-property acquisition with two partners, one being the operating/managing partner, and the other being the silent majority equity...
Collin Parody
Buying a Rental with your Roth IRA
Hello, I am posting to see if anyone has had experience with a lender that specializes in loans for Self Directed IRA's? I finally pulled the trigger and moved my Roth away from Wallstreet! As I analyze investment opt...
Matt Damico
Sheriff Sale Question
I'm looking at purchasing a property that is going to a sheriff sale very soon. Two liens on property which are the two mortgages not being paid. Bank has been covering property taxes the past year or so.
Propert...
Jonathan Frausto
Vacant Off Market House
Hey BP CommunityThere's a house in a neighborhood that's been vacant for about 6mo to about a year. How do I know that? I live in the neighborhood and I drive past it all the time. I've been trying to hunt down the ow...
Robin Castillo
Should I form an LLC?
Hi all,
Will be starting out as an investor mostly buy and hold. Currently working on my credit and saving some more but should be ready in a year or less. I have different strategies in mind but my main concern is ...
Adam Anderson
Obama mulls rental option for some homeowners-sources
I came across this article on the idea of the administration to allow some homeowners to stay in their home and become renters.
http://www.reuters.com/article/marketsNews/idUSN1429265720090714?rpc=77
What happens whe...
David Lind
Seller Finance Deal in Minneapolis
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $15,000
Deal was brought to me as a seller finance deal. 6 Bed 2 Bath in the Jordan neighbo...
Barry Zimmerman
Investor seeking diversification for retirement
Hello everyone - I'm nearly retired and looking seriously at real-estate to diversify some retirement funds out of the traditional financial markets by using Self Directed IRA(s). Buy and Hold / passive income proper...
Larry Bondar
TPaying teen cash for yard work at your property
Want to hire a minor to clean up yard on a investment property Some basic yard work for cash. Can I write this off as a deduction? Also how would I set this up to legally have him working at the property?