Jim Williams
tax consequences of assignment of contract
has anyone had any experience, from a tax standpoint, in assigning a contract for profit? in other words, what type of income does irs consider this transaction for person assigning?
jim
Larry Hucks
Question on 1031 exchange
Hello BP familyI am currently putting an investment property on the market with the idea of doing a 1031 exchange. I would like to by an SFR and "house hack" - live in one room and rent out the others. But, I was read...
Ben Bakhshi
1st Deed Analysis (FCI Exchange)
I'm starting to dig into marketplaces for notes, and I wanted to try to analyze a deal here.
It is found here
Note Position: 1st Mortgage/Deed of Trust
Loan Status:Performing
Paid To:03/08/2...
Weina Shi
Split Up Self Storage Facility Purchase: Business vs Real Estate
Dear fellow investors,I am under contract to purchase a facility. The current assessment is about half of the purchase price so the real estate tax will go significant up. My attorney recommended that I consider split...
Alton Johnson
Accelerated depreciation in a qualified opportunity zone fund
I've been deeply immersed in researching real estate investments since I recently had a business sale that resulted in substantial capital gains. As I explore my options, I'm particularly interested in funds like Tril...
Wendy Busa
Subject to strategy basic questions
Doing a subject to may help a homeowner that faces foreclosure. I may have the stupidest question of the day, but I do not want to assume anything. When doing a subject to strategy, I understand the mortgage stays in ...
Dolev Shemesh
HELOC & Strategy
Hello, I'm in a process of selling some portion of my residential real estate portfolio to fund a new commercial opportunity. The Plan is to come up with $400k for the down payment and for that I'll need to sell about...
Account Closed
Desperately need advice on Auction property / Mortgage
Hey everyone!Thank you in advance for helping me get out of this tough spot. -Property was listed as a short sale prior to auction and under contract for 133k by someone else-Bought a property at auction last week (HO...
Anthony French
Any ideas or information finding funding for a development
I’m relatively new to real estate development, having completed only one fix-and-flip project. However, I am passionate about creating a micro home neighborhood in my area. Securing funding has been challenging, parti...
Jay Len
Currently Renting a house that is being foreclosed
Hi everyone, I started renting a house two months ago thats $2,500 a month. I recently have been seeing mail to the landlord that is notifying him that the house is under foreclosure and going up for a sheriffs sale i...