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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...
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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...
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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...
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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? ...
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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?
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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...
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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
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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...
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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...
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...