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Results (10000)
Monica Blair owner financing and reporting payments to the credit reporting agency
2 January 2011 | 11 replies

Happy New Year Everyone,

I am holding the note for a property I owner financed. The buyer has begun making payments and I am seasoning the note for a note buyer. I have a servicing company that is handling the paymen...

Ross Bernard Using Gift Money as Down Payment
24 July 2013 | 11 replies

I am trying to buy a SFH investment property, but have hit a major snag. I have $35,000 for a down payment but it was a gift from my parents. Lenders are telling me gift money cannot be used as a down payment for inve...

Monica Painton Selling Airbnb Business
28 July 2020 | 8 replies

I currently have 8 homes used as Airbnb rentals. I'd like to sell the Airbnb business and all of the contents/furnishings inside the home as well as turn over all the existing reservations and rent the homes out to th...

Pete T. 1031 Seller Financing?
19 July 2014 | 6 replies

So I understand the general answer would be to discuss my personal situation w/ my CPA, but in general- how would it work if I wanted to use a 1031 to defer taxes on a property I sell, but do so via seller financing? ...

N.A N.A Leave equity in or pull it out?
19 February 2008 | 24 replies

On deals where you plan to rent, lease option, seller finance, or hold for any amount of time, which do you guys normally do? Obviously both have their advantages...but what strategy do you prefer?

William Harvey Accounting for house flippers
10 September 2024 | 29 replies

Hello BP community,For house flippers doing consistent deals, what tool(s) do you use for accounting? I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit. Seemed like QB would be good f...

Jarod Castaneda Help with self-directed IRAs/401Ks
29 April 2020 | 5 replies

Good morning BiggerPockets Team!
Can anyone direct me to someone who can talk to me about self-directed IRAs/401ks and if either is a fit for me?  
Thank you for any leads in advance!

Jarod

Steve Hyzny Tax result from selling a house with seller financing
26 September 2019 | 5 replies

I hear and have read a lot about seller financing from the buyers side. My big question is if I sell a house I own outright and want to sell it with seller financing what are my tax liabilities. I know I have to decla...

Julie Dillon Can't get to my equity until later but want to buy now
27 May 2019 | 4 replies

I have a rental property that I can't sell till till next spring and it has about $70,000 in equity. I found some properties in another state that I want to buy now. I'd like to bundle them into one loan around the $2...

Account Closed Any Tips To Liqudate A Leveraged Portfolio?
23 December 2016 | 4 replies

I am currently working to help my family liquidate a portfolio of roughly 30 properties in Milwaukee, WI.  The portfolio is a mixture of rental single family homes and duplexes.  They have spent a large amount on fixi...