William Danielson
Deployment concerns with rental property
To my fellow military men and women, as well as anyone else with any insight...
I’m looking to buy my first rental property, but I have a 6 or 7 month deployment coming up in several months. I will only be able to ge...
Kyle Luman
Cash flow vs equity discussion in recent Podcast
I just listened to the recent BP podcast with Dr Benjamin Aaker and Dave Meyer from a couple of weeks ago.https://www.biggerpockets.com/blog/real-estate-1045There was a section where Dr Aaker talks about focusing on e...
Matt Mimnagh
Hey IRS, keep your dirty mitts off my $50k!!!
So I have two deals closing this year that are going to net me approximately $50k. I'm trying to figure out a way to avoid paying too much tax.The first property is an empty lot that I got for free when I purchased a ...
Justin S.
Retire on cash flow or cash out refi every 5-7yrs
I’ve talked to a few people with different takes one this question. If I’m looking to retire on my rental income, should I try to pay off properties ASAP and live off of cash flow or not worry about paying them off a...
Patricia Andriolo-Bull
Use 1031 Exchange to purchase primary residence?
Hi. First time posting in this discussion forum. Did some searching first and don’t think I see this particular question asked before. I have an investment property in CT and a primary residence in FL (and a couple...
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....
Edgar Karapetian
I bought a land in CALABASAS and I will get my money (+more) back without selling it
Hello everyone,This is a beautiful deal that I'm doing in this current moment. I've bought a land in Calabasas, and I'm constructing a house. I intend to keep the property and recoup my entire investment + more.Here's...
Aaron Einfrank
Offering Seller Financing without owning free-and-clear
I would like to get some feedback on the following scenario:
I acquire a property “subject-to†with a retail value of 200,000 for the balance of the existing mortgage which is 160,000 and has a payment of $933 pe...
Biib Salmaas
Can I legally have a 2 flat "by right" in RS-3 Chicago?
First of all, this is my first post, long time lurker. I hope this is the right subforum. I am under contract for a property that is a 2 flat, converted to SFH. I would like to be an owner occupant of this property...
Wendy Busa
Homeowner warranties are they worth it?
New investor, have a duplex under contract. It's built in 1955. Had the inspection today and other than some electrical seems like most appliances and mechanicals are operating fine, but are about 16 years old, is it ...