Susie Bright
Home Sales Capital Gains Taxes
Hello folks this past Dec 2018, in Los Angeles CA, we found a great deal on a home and we bought it. Then the second week of January 2019 we sold our main home and used that money to pay the one we bought. I was told ...
Dallin Johnson
Co-sign for my sister’s house hack?
After doing a little bit of research, I’m not sure if this is possible or not. My sister is going to college in northern Utah next year and I was wondering if I could co-sign on the loan to purchase a house so it woul...
Brodie J Meaux
Heloc or hard money loan for a brrrr method
I have $75 k in equity is a residence I own. If I’m wanting to buy a $60k residence needing $15k in rehab. Is it better to get a hard money loan for the purchase and rehab and get the down payment from a heloc loan fr...
Edwin Ponce
Using my VA loan for another property.
Hi all in the BP community! I am hoping someone can point me in the right direction! I am still a rookie when it comes to real estate investing, but I did manage to buy my first rental property (2nd/vacation home) and...
Scott Granberry
Making my first move as an investor
Hey BP,I want to tap some people for their experience on what is the best way to get to where I want to be. My first step goal is to get out of my current residence, buy a duplex to house hack, while turning this resi...
Joe Smith
resident managers and finances
Reading another post got me thinking about this again.
For those of you who own larger multi-family, self storage, mobile home parks, etc, anything with a "resident manager" who lives on-site--do you give you residen...
Mason Yost
Looking for some feedback on lending
Hey, I am a collegiate student athlete and get a cost of attendance stipend which pays for my living expenses. I have yet to work a W2 job and have saved up a ton of money from non W2 work. I want to house hack here i...
Chien Chen
Tax consideration for Non-US citizen transferring US property to US citizen
Hello BP friends,
My mother in-law (Non-US citizen, Non-US resident) owns a SFH in Los Angeles, CA and would like to transfer the property title to us. We plan to use the property as rental home instead of primary re...
Brandon Sturgill
Resale or 1031?...
Currently contemplating resale or 1031 for a SFH. I bought the property as an investment to rehab and resale, given my kids were still in a private school. Since purchasing the property, we have concluded we will b...
Uchenna Okoye
Convert primary residence to rental
I signed a purchase contract over 9 months ago to purchase a new construction single family home. At the time, I hoped to have my mom stay with me. I am single and not married or with kids. The house was delayed in co...