Jim Hwang
Looking for CPA Re: capital gains and 1031 exchange questions
Hello all, I have about 3 weeks to nominate a replacement property for my 1031 exchange and am looking for a CPA who can answer questions regarding the tax liability when the replacement period straddles tax years lik...
Basilio Alcantara
Using an IRA withdrawal to buy investment property
Hello Everybody,
Quick question, Can I buy an investment property by taking a temporary withdrawal from my IRA Account and avoid paying taxes/10% penalties by putting the money back in the account within 60 days from...
Nicholas Wever
Commercial Property Purchased on Land Contract - What Can I Claim On Taxes?
Hi all, happy Friday!I purchased 2 commercial zoned 'light industrial' properties in 2023. I have had tenants in them and am looking for clarification on what I can claim on my taxes. Sale price was around $325k with ...
Justin Seng
Structuring a delequent tax deal
Is it possible to structure a fix and flip deal like this....
Off market house. Owner owes $10,000 in back taxes.
My offer...
Pay back taxes off now and offer home owner 40% of the fix and flip sale price.
Num...
Jovani E.
Co-op Condo for sale
Hello Everyone, I've been following BiggerPockets for a few years now. I live in Las Vegas and now that I am in a position to buy, I have been looking at properties on Zillow. Every day, for the last week, I have bee...
Tyler Battaglia
Covential loan questions, covering all bases.
Hi all,I am recently getting into real estate in the form of trying to understand every aspect a home owner must consider before buying rental property. I’m hoping someone can help fill in the blanks of things I might...
Shimi Elimelech
Owner finance - need your opinion
Hi everyone,What do you think about selling in this format?For example, I own a property that I bought for only 25,000$ (before repairs). I thought of selling it to local potential home owner for about 50k: 5,000$ dow...
Hanbin Y.
Leverage decreases CoC
So I've been analyzed a bunch of deals recently. And I found that leverage does not necessarily increase CoC or ROI. The short conclusion is, there is a point where fixed expenses(such as Cap Ex) do not decrease, yet ...
Robert Andrade
Check my math
So if I have a 3 unit cash flowing $100 per door, I am making $3600 annually on that building. I would need 10 of these buildings (30) units to make $36,000.I assume there are various tax incentives and such that may ...
Michael Mullins
First BRRR Deal HELP Please
View report*This link comes directly from our calculators, based on information input by the member who posted.First off, thank you for the help. This is my first BRRRR so I'm sure I'm missing somethi...