Paul Papamarkos
Is it possible to BRRR this Deal?
Hello BP Members,Currently my mom and my aunt own a 4 family home that they had inherited from a family member. The property is paid off (mortgage free) and all of the units are rented. My aunt is looking to sell her ...
Mohammed A.
Do I need to pay tax if I sell my rental property in loss
Thanks in advance for your response. Much appreciated. Happy holidays. Another question, does the depreciation is calculated from the time when house became a rental property or I need to include depreciation during t...
Cyrus Sidhwa
Property Taxes on a Flip?
Let's say an investor buys a property with a HML, fixes it up, and flips it 3 months after the purchase. Does the investor pay a portion of the property taxes? Would you have to pay those taxes when you close on ...
Joel Florian
Tax deed bare land in Wasilla
Investment Info:
Other other investment.
Purchase price: $7,000
Cash invested: $7,000
Sale price: $16,000
I purchased the bare land at a tax deed auction. Cleaned it up, paid for a survey, chase...
Ryan Metcalf
Uses of Loan Proceeds from 1031 Exchange
I am interested in buying a 2 unit commercial property with an SBA loan. I have 1031 Exchange money and my own cash to fund this. In the larger unit I want to open a business and I will lease the smaller unit. Both...
Edward Rueca
Need advice on possibly botched JV
Hi all, I am also new to the forum. Looking for some advice as to how to proceed. In 2012 I partnered up and bought a triplex to rent . We went 65% for him and 35% for me on the ownership and rent split as I was still...
Kat Hughes
Sell both properties in LA or not?Any Tax Strategies to offset capital gains?
Hi!
My husband and I are potentially making some big changes in our living situation in the next 3 - 6 months.
We have a multi unit property in North Hollywood. A 3bed/2bath front home and a 2bed/1.5 bath duplex ...
Bella Kapulkin
Northern Phoenix, AZ vs Frisco/McKinney, TX
Hey all,
my husband and I are new to real estate investing. We sold our house in California almost a year ago, and are in the process of determining if we will try to stay here or if we will move out of the state. I...
Kim Hopkins
Does Raising Equity for Reserves Artificially Increase Cash on Cash Return?
I'm looking at a passive real estate investment where part of their equity raise is for Tenant Improvement and Leasing Commission (TI and LC) reserves. When they calculate their annual cash flow, they do not include t...
Account Closed
re BP listing
I'm making my list information. I'm doing a modified 5 Day Sale, and the address will be given to everyone at the same time-the Fri eve or Sat AM of the sale. Anyone out of the Tucson area who is interested will get 2...