DAVID GAGE
What are the chances I will ever see my money?
Had a tenant evicted last week and he owes over $1k. We have a court order for him to pay but I was curious if I'd ever see my cash. Hes changed jobs 4 times in 7 months so I see wage garnishment highly unlikely. Will...
Eric P.
Rehab & rent (BRRRR) vs Fix & flip
I'm trying to make a pros/cons list so that, when I come across a good property, I have criteria to help me decide whether to rehab & rent (BRRRR) or fix & flip that property. Here's what I've got so far - cur...
Blaine Chapman
Transferring Property from and S-Corp
Hello all,This is my first post here on BP. I've been perusing for a bit and haven't found the exact answer I am looking for. Here is my situation:I have a business in Georgia, registered as an S-Corp, and that S-Corp...
Julie Dillon
401k borrow or withdrawal/ cash-out?
My husband and I are 51 and 52 and only recently got into real estate investing so we want to be aggressive in growing our doors. We have 2 single family homes and 1 duplex and now we are pursuing a 4-plex. We cant de...
Ayo O.
Capital gains tax question here
Hello BP,I will be selling a house that use to be my primary residence from 2009-2015.I am being made to sell to a railway company through eminent domain.The house became a rental from 2015 till date.I was wondering i...
Manuel Prado
Forming a Holding Company
Hello everyone I have some LLCs in the state of Michigan where I keep my rentals. I am looking to form a holding company where my current LLCs will be under. Does anyone have experience with this? Could you share wher...
Kelly G.
Sell my house . . . or hold and rent . yes another one
so . . I posted a question over on the Buy/Sell forum a few days ago looking for a CA broker to consult for a FSBO. Had a couple local replies (Thanks!!) and . . . now . . one of these lovely people has my head s...
Shera Gregory
Can I MAKE a participating loan from my SD 401k?
I know that I would have to pay UBIT if I BORROWED to purchase a property in my SD 401k using a participating loan. But is there any restriction regarding UBIT or other aspects if I were to MAKE a participating loan f...
Joy Buell
Making a buisness out of our rental propertys
I am looking for guidance - My husband and I own 3 properties we rent out (all have a morgage) We thought this would be a good investment, but we found out that we make to much money to write any losses off the prope...
Landy St-Jean
Advice on renting my town home
Hello,We will close on my new house a month from now. However, we will like to keep and rent our townhouse. We currently live in Holly Spring, NC area. We were thinking on covering the HOA and pest control to the leas...