Sam Dogen
Sell Or Keep Renting Out Home In San Francisco 2017
Howdy Folks!I'm new to the BP community and I'm excited to be here! I'm a real estate fanatic. But now that I'm middle-aged (40), I'd like to simplify life. San Francisco has had a great rocket ship like run and I'm ...
Todd Rasmussen
Tax creativity on owner finance (with step up in basis)
I'm about to make an offer on a SFH portfolio. The owner passed in the last couple of months and his children are selling his portfolio. He's owned the homes for a long time and they are currently titled in LLC, I'm s...
RaKell Adams
Should I sell rental properties
I have two rental properties which I bought 4 years ago. My initial investment in each home was $40,000. Our market has gone crazy, and at this point, if I sold, I would net around $150,000 on each house after taxes...
Edward Adams
Roof Replacement Depreciation
Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?
Troy Layne Pierce
Investment grade insurance
Hey all. My father in law is about to retire this year. He invests in realEstate with me and has a 401k from a W2 job he worked for his entire career. Recently he has come across a law firm called fortune firm in Neva...
Michael Plaks
Tax reform Q&A Thread 2 - Depreciation and Section 179
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of depreciation and Section 179 changes in...
Michelle Martin
Using Self Directed IRA
Hello,I'm sort of a newbie real estate investor. Currently, I own my primary residence and 1 rental property. My goal is to own another 30 rental properties in the next 3-5 years with a monthly net cash flow of $500 a...
Rich Emery
Risks of having several mortgages in my name?
I currently have 4 mortgages in my name. 3 investment properties and 1 personal residence. I'm wanting to buy a lot more real estate (buy and hold). I know I'm going to be capped on personal mortgages in my name af...
Account Closed
It's Time to Move to the Next Level of Investing?
Hi BP veterans,
My buddy and I were fortunate enough and bought a couple of handful properties in the San Francisco Bay Area in the recent years. Since they have appreciated substantially, we're thinking of 1031 som...
Weikang Chen
Self-Directed IRA Account
Anyone have any experience using a self-directed IRA account to invest real estate?Please share your experience and tips.
Also which custodian do recommend to open the account with?