Dan V.
Tax Implication and Other Things to Consider
Me and my wife are planning to purchase her mom's house. She used to live in the house and now lives with us for about 2 years now so the property still qualifies as primary residence. She is open to seller financing ...
Marcus Johnson
PM versus DIY
It's been brought to my attention that I should be paying myself for self managing my Duplex and that even though my cash flow is higher in the end when not using a PM, it's my time that is more valuable and therefore...
Blisseth Sy
Should I sell my first home purchase in SF Bay Area?
Hi all,I am a Newbie first-time homebuyer/landlord here, hoping for some wisdom from the community.I bought my first primary residence in Nov 2021 for $850K (20% downpayment) in San Pablo, California. I lived in it fo...
Ian McDonald
Tax Ramifications... Need advice
So I have a primary residence that I am converting to a rental so that we can purchase another primary. What kinds of tax ramifications will I see if I sell the property? Is there a timeframe where its better or wor...
Jason Collins
Best way to pass real estate wealth to your kids?
Just wanted to see what other’s experiences are with passing on wealth to future generations as tax efficiently as possible (both short and long term)? Can you please give examples of techniques that have worked for y...
Abel Rodrigues
properties in probate
my father passed Jan 2016 and had 3 properties in an LLC that i have been managing ever since. The property WILL be in my name AFTER probate however the courts are "taking forever". i talked to the person that does (h...
Paul Gottshall
Sale of Self-directed IRA property
We're looking to use self-directed IRA money as a down-payment on a quad, with 28% cash-on-cash return, so are pretty excited about it. I may not be thinking clearly, but eventually think we'll want to pull it out of...
Sasha Josephs
**Mom is Gifting me a Down payment - How to Set This Up?**
We want to avoid going to a CPA, so thank you to any BP'ers in advance that can shed light on this topic. Maybe this is something you've gone through before?! We are new to this.So, my moms is gifting me a down paymen...
Brendan August
Closing Costs Questions
Sorry for the duplicate post...I currently have a home under contract in Baltimore and I first off just wanted to thank everybody that I've spoken with personally or have learned from on the forums.
I was wondering ...
Neil Narayan
‘Tremendous increase’ in corporate relocations to Texas
‘Tremendous increase’ in corporate relocations, expansions to Texas since pandemic hit
Gov.'s office: Phone calls rolling in from companies shuttering on coasts. Despite some companies pausing projects due to the pan...