William C.
Bankruptcy and rent to income ratio
A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...
Thea Linkfield
To Sell or to Rent in Arlington, Jacksonville, FL
I have a house in the Woodland Acres (32211) area of Jacksonville that was purchased for $47,300 cash. We are currently renovating it with about ~$30,000 in and when it's done it will be completely move-in ready with ...
N/A N/A
Limited Partnerships?
Hello everyone. Im a fairly new player in the RE market.
My partner/friend and I have been living in our first property (a condo) for two years now and are now about to buy our second.
Up to this point, the fir...
Tamara Wamsley
Hello....found first investment property
Hello everyone,My name is Tamara. I am a newer investor. So far we have set up an LLC and I just opened my first SDIRA accounts. My husband is a real estate agent and has been in the mortgage business for 18 years....
Adam Jaggers
Buying Real Estate to Offset Short term Capital Gains
Hello BP!I'm in a somewhat interesting tax situation this year and I thought I'd get some feedback on my strategy (having never done it before). I'll be selling a non-real estate asset (portion of a business) for a si...
Amie D.
Would we owe the realtor anything?
My brother, sister and I inherited a house and it's been on the market for over a year now (it's in a smaller town in which real estate has not improved). We recently got a low-ball offer, went back and forth a cou...
Drew Dim
Have your LLC sell a home to yourself for tax savings
I have what seems to me to be a potentially complex question, som here goes:
I own a lot in my own name. This lot is actually 3 combined build able lots (yes it's all legal/permitable, etc so please don't ge...
Char Prado
Seller Financing: How It Works in Home Sales
Seller financing -- when the seller gives the buyer a mortgage -- can help both home buyers and sellers.Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get ...
Ember Meadows
New Investor in Columbus OH
Hey guys I am a new real estate investor. I have really enjoyed this site. A few questions for you, I have come into this thing and taken some massive action-including sending letters to people who recently inherite...
Melanie Baldridge
Know these rules before doing a Cost Seg
The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.
Before you buy a cost seg, you need to know the rules:
Tax all starts with the types of income....