Robert Littke
Best way to owner finance?
I'm curious what some of our BP experts experiences is with structuring Lease Option, Rent To Own, or other owner financing deals when it comes time for the buyer to get financing. (yes I realize that most of these de...
John Moksnes
Personal vs. Investment Property IRS Designation/Classification
I am looking to turn my personal property into an investment property and then 1031 exchange into a multi-family home. How long do I have to rent out the personal property (do I have to move out or purely rent a room?...
Account Closed
Taxation in California for investment property
I once lived in CA and in 1988 I bought a small 2 BR in a working class neighborhood. I have not lived in CA for 15 years. I sold the house this year and there was huge appreciation. The escrow company is insisting th...
Ganesh Rao
Deductions
Any one have experience with deducting rental expenses against ordinary income (not just rental income). I know there are rules regarding active versus passive investing and there is a cap (MAGI) but if one is over th...
Yanaki Bitsin
What areas in Chicago and Suburbs there is a demand for Midterm Rentals?
Hello everyone I'm new to real estate and trying to learn as much as I can. Right now, I'm working on getting pre-approved to buy a property and want to make the best decision in terms of optionality (exit strategies)...
Erin M.
Rollover SD-IRA to Solo 401k??
Hello BP'ers! A few questions for the tax experts. For reference, I work full time and have started buy and hold rentals for long term investments/wealth building. I currently have a Roth SD-IRA. I'm finding the unlev...
Jacob D Adamczak
Can air bnb income be used to help qualify for a loan
I am under contract to purchase a house with a ~600sf guest house in the back yard of the property that has been used the past 3+ years for Airbnb. It is my intention to continue to use it for STR and it should pay ...
David Asche
Newbie house hack advice
Hi, I have a unique situation and would appreciate some advice. I have been renting a house in Idaho for the last two years with an option to buy house for 151k at anytime within the next three years. My realtor think...
Colin Spivey
House hack/live in flip on an FHA loan with a co-signer
I think I am correct on this, but there are a few stipulations that deviate my path from the normal. I am 18 years old and going to college about an hour away from where I live currently. I was going to be living on c...
Alton Johnson
Accelerated depreciation in a qualified opportunity zone fund
I've been deeply immersed in researching real estate investments since I recently had a business sale that resulted in substantial capital gains. As I explore my options, I'm particularly interested in funds like Tril...