Lucas Vreeken
help getting an REIT started / can you use 1030 exchange into investment property
I'm serving overseas, which is making it hard to start investing so, I'm looking for REIT agents/broker/coach that I can talk to help me get started on the right path. I would like to see if I can put the money that I...
Mason Fast
Building a Small Multi-Family (2-4 units) to House Hack (Columbia, MO)
My wife (26) and I (27) are wrapping up renovations on our first investment with plans to sell come spring or refinance to hold it as a rental. We would like our next purchase to be a small multi-family property that ...
Pandu Chimata
Capital gains by selling an investment property
I am working with few owners who have owned their multi-units for the last 30 years. They want to retire now by disposing off their properties. One of their concern is capital gain tax that they incur due to the sale....
Anne Pitkin
How to offer landlord a win-win deal for 5 properties at $2.5M?
Hello BP!
The Portfolio: Five multi-families (All 3 units, excellent
tenants, excellent locations, well-kept). Purchase price: $1.3M. Value today:
$2.5M
The Background: My landlord (let's call her Sara) owns 5
pr...
Mike Stiffler
Non-resident landlord - pay state income tax twice on stock sale
I noticed a pattern when paying my taxes the last two years and it seems like I’m paying state income tax in two states from long term capital gains of stock sales.I live in CA (since 2013) and have a rental property ...
Bryan Clewley
Refi/HELOC/? - Turning condo appreciation in to capital
Hey BP!Thank you for taking a look at this. Trying to work towards my first investment property and have a situation I'd love advice on. My spouse and I purchased a 2BR/1BA condo in August 2017 in a high appreciation ...
Gabe Rangel
Investment proposal from friend
My buddy just obtained his broker's license. He has flipped a couple of properties. He asked if I wanted to invest. I asked what was required. He said it depends on how much work I put in & how much capital I ...
Christopher Cole Carcich
Private/Hard Money lending downpayment
Landlord is selling the 2 family NYC home we live in & the lady and I are trying to figure out how we can buy it to use as an owner occupied property. The house is in a neighborhood that is quickly growing in popu...
Ryan Pyle
Accounting for asset disposal - do I have to recapture depreciation?
When accounting for the disposal of an asset, I'm not sure what to do with the accumulated depreciation and book value of the asset. For example, I replaced the carpet in one of my apartment units. The asset was on th...
Steve Hudson
Qualifying as a real estate professional - taxes
We're exploring ways for my spouse (who does not have a full time job, but works 25 hours/week outside real estate) to qualify as a real estate professional as we build our short term rental portfolio. Curious if anyo...