Carole G.
Seller finance concern
I am wanting to sell an investment property so that we get cashflow without the headaches of landlording. The buyer is giving me enough down to pay off the mortgage I have on the property. The buyer is not comfortab...
Tyler Battaglia
LLC vs Prenuptial agreement for rental property.
Hi All, I’m looking to keep 1 premarital asset (my condo) separate from my fiancé. My goal is make sure shes not involved with the condo and the eventual rental property business I plan make out of the condo. I want t...
Salman Ahmed
Land contract cons for seller
Hello everyone. Are land contracts a good way to sell your house.everywhere I read it ,it says land contracts are predatory.But so far I can understand seller has huge risk if buyer defaults, then you have to go to co...
Deadrick Colbert
S Corp Question
Someone asked me this question, and I did not know the answer. What happens is someone gets an S Corp for flipping but does not do any deals the first year? Does he need to file a return? I would imagine the answer...
Fahadbin Alam
How to start Writing off 4 taxes?
Hey Biggerpockets crew!So I'm confused about how the action of writing off works. I know that I track my expenses for my business and I show it to my CPA, but how do I know if the write off is working?Also what do you...
Alejandro Robaina
Closing costs
Hello everyone I want to know what's the purchase closing costs all selling closing costand who pay for the real state agent Im a lil confused about all this
Julian Buick
Private Lending Tax Write-offs
I've been involved in funding some rehabs and JVing on some deals. I was wondering if there are things an individual can write off on their taxes. For example, business lunches with clients, trips to go visit properti...
Michael Herr
ACH pulls for irregular dollar amounts
Been using ACH pulls for rent payment through eRentPayment.com and love it, but only works if the dollar amount stays the same each payment.Looking for suggestions on controlling ACH payments for reoccurring bills wit...
David Santos
how do you get a foreclosure under contract
A friend of a friend is in pre foreclosure how do I go about getting the house in contract so I can flip it or sell it as is.
Samson Tefera
1031 exchange, newbie question
Just finished rehab on my first property. Wanted to sell but reuse profit from this house into another property using 1031 exchange. Do I need to tale to a professional that handles 1031 exchange before listing proper...