Nathan Frost
1031 Exchange / Advice Tips
Hi, I have two properties that I am looking to sell but once to use the profits wisely. My plan is to buy 1 STR and 1 LTR. How can I go about doing this either with a 1031 or what is the best method to attack this? ...
Jim Cran
Appliances - Capital or Expense
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
Account Closed
Direct Mailing Lead Won't Answer!
I've been investing in the Minneapolis area for nearly 5 years now. Here's my last few flips: http://www.spacecrafting.com/fejyhttp://www.spacecrafting.com/fxz4http://www.spacecrafting.com/fvvnhttp://www.spacecrafti...
Ian Berg
1031 from LLC to Personal? (Loan Requirements)
Hi BP, I'm currently selling a single family home that I hold in a 2 member LLC with my wife. It was originally purchased under my name as an individual. We are purchasing a 4 plex with the 1031 proceeds combined with...
Andrew Clifton
Low-Income bonds for Multi-family Development
Hello I would like to find any information on how our corporation could partner up with my local city and surrounding areas to help build our community or maybe even how we could partner up with HUD. I quickly discove...
Steven Donovan
Family Money
We currently have some family money my wife's grandmother and we plan to use her money and buy a house to either rent or flip. All loans would be under our names that would not be covered by the cash.
For tax purp...
Mike M.
use of LLCs for holding rental properties
I read a business plan for multi-family properties and I had a question on use of LLCs. It recommends you have one LLC for the PM and then a separate LLC for each property.
If so, I'm wondering to you handle that...
Reginald Marquardt
Bought Building under LLC - Dividing the shares afterwards?
Hi
Bought a 2mil buidling last year with family members under a Limited Liability Co. and I am looking to sell "shares" of the LLC to another family member who wants in.
So 'cash out' a bit, if you will...
Sarah Bella
DSCR Loans - How do they work?
Has anyone used a DSCR loan? What was your experience? Are they a good option to start out with?
Don Konipol
Where Will the OPPORTUNITIES be in Note Investing in the Next Few Years?
“Notes” are such a BIG field, that I’ve found it more efficient, effective and profitable to target specific “arena” of notes at different times in different economic environments. I know most BP note investors deal...