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just flipped my first homr and neted about 30k
if i now use this money to conver my current home to 2 family. would that work as 1031 exchange ?
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OK,So, I've been doing research in a community where I'm purchasing another property and I've found one condo that is suppose to be auctioned off in November as a foreclosure. I started doing some sleuthing around on...
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Hi BP Fam,
My friend and I are in our late twenties partnering to invest in a STR. Currently, I own a primary residence while my friend rents in the greater ATL area. We are newbies and would love some guidance from ...
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I want to purchase a STR with family members as a second home so I can put 10% down. They want a place to park their money and see some appreciation and return, and I want to use it as a way to offset my w-2 taxes whi...
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New investor here. I've been noticing a considerable number of properties in foreclosure and pre- foreclosure in my area recently, and was wondering about the feasibility of entering this market and what the process i...
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Hello My name is Blake Stephenson. I am a half Black Half white male living in aurora Colorado. I currently Attend Rangeview High school and Graduate in may. I do plan to go to college which is a huge part of what pea...
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Hello BP,
Lately we are seeing an increase of Foreclosure & Pre- Foreclosure Properties going in the market. My wife & I are having this conversation as we get ready to take advantage of this market cycle- Ou...
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Hi all
My partner and I have a property in Memphis, TN. We wanted to see if anyone could recommend some local help: contractors, plumbers, handymen, AC/heating repair guys, etc. We are interested in having a team t...
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HiHad a tax question I’m trying to wrap around.If I loaned money, such as cash at property closings or my credit card for llc to use. Besides reporting any earned interest I get; if the llc goes under can I write of...
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Hello everyone,
I am new at RE. In my country (Peru), when you refinance, that gets you kind of a bad image as banks and other lenders tend to think you were not and wont be able to honor your debts. Just won...