Joey Tuckey
To Rent Out Or To Sell Near Nashville
The house I currently own/owe on is in Madison TN. I came into it knowing it needed work but the price was right (156k). I've put about 10k into it and quite a bit of sweat equity since purchase. The house looks great...
Corinna Gossner
Best tax setup for LLC?
My husband and I just founded an LLC to hold our first investment property (triplex). I am thinking to elect federal taxation as a sole proprietor (which is possible as a married couple in California). I am a bit unsu...
Jason Risley
Need to buy in the next 44 days (1031 exchange) at $1.7M or more
I sold a home in San Clemente, CA yesterday and I'm doing a 1031 exchange. Since I'm good at finding undervalued properties in Orange County, I might find the best deal I can locally and maybe look for a home with ADU...
Ricardo Olea
What to do with money from first deal???
Ok, so first I want to say I'm not counting my chickens until they hatch, however, as this deal gets closer to closing I am left wondering what I should do with the money. 50K profit on my first wholesale deal that I ...
Staci B.
Newbie needs help with time sensitive cash deal
Hi everyone! Long time lurker and first time poster here. I spent some time researching about wholesaling a while back, and it seemed like something I wasn't ready to jump into at the time. An opportunity is present...
Patrick Orah
Questions regarding 1031 Exchanges
Hello BP community,I am in the process of selling one of my properties (single family rental), but I am having a hard time finding another property to invest in, hence my need for advice with the 1031 exchange. My fir...
Nancy DeSocio
Seller financing: How would you pitch this?
Hello BP community!
I'm in my first attempt to negotiate a seller-financing deal and trying to research if there is a benefit to the seller to receive a higher purchase price vs a higher interest payment? As an exam...
Alexander Parada
Houston Heights Prop
Hello Everyone I got a property free and clear I bought for 290k all in at 330 After remodels.
Rented out the back apt and the front property I would get a total of $3k a month which is 36k a year - 8k a year in tax...
Pete Torrez
Short-term Airbnb, VRBO occupancy/lodging tax payment service
Good morning, we just got our first short-term rental up and going, in fact, we have our first guest arriving in two hours. my issue is with the lodging tax. I know VRBO collects what I tell them to and send it to me...
Denny Pugh
Property Tax Value
I am in North Carolina. I have a chance to purchase a property at 50% of current tax value. Both the owner and I agree that the value it is way to high based on recent comps in the area. Is the county under any obliga...