Hello everyone, I'm new to BP as well as real estate. I need a bit of guidance please, what are your thoughts on purchasing an investment property before purchasing your primary residence?
CFDs are business big in MN, for sellers. Avoid foreclosure if buyer defaults, makes sense. Lets say I buy a duplex by signing a contract for deed. Without being on title though, can an investor (me) rent that dupl...
I live here in Santa Barbara and I understand there are deals in every market. For example I could find a cash flowing deal with certain owner financing terms or master leasing but other than that you need your loans ...
Anyone have some insight on exactly what this option is & the benefits it has?
There are several posts I’ve seen asking about whether or not it’s a good idea to pull retirement funds out for REI. I’ve seen arguments for both sides and I’m looking to do this in the most tax efficient way. I have ...
My question is this:I know that on a loan is taxed as income. If I'm buying a house (free and clear) from the owner, how is the principal portion of that payment treated (for tax/income purposes) for the LENDER. I'm...
Scenariowe own land with next to zero cost basis offer on table just shy of 3 million.3 partners... ( want to transfer to tenants in common i am thinking so we can then 1031) is this OK before we accept offer or can ...
Does anyone have income from one LLC flow directly to another LLC that they own?I own 25% of an LLC for flipping houses and similar. I own 50% of another LLC for building homes here and there. I am thinking to open a ...
What is the Augusta Rule?
The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax re...
So, I've been searching for how I get my current investments into a Solo 401k. After doing some digging I found that I cannot roll my current ROTH into a solo 401k. I believe I can roll it into a traditional IRA whi...