Anupam Desai
East Lincoln Park luxury condo market
Hi all, I'm considering a move to Chicago and interested in hearing people's opinions of luxury condos in a prime location like East Lincoln Park. What I had in mind was relatively new construction places, 3/4 BR in a...
Patricia Via
Help with 1031 involving SF rental exchanged for two land lots, want to sell lot
new to this site, hoping to simplify whether I should sell a lot purchased when sold a SF rental back in 2006. the gross sales price of the house was 165K, but the net was closer to 151K. We did a 1031, purchasing tw...
Sarah Rilling
What Questions To Ask When Joining A Mentorship Program?
When joining a mentorship program, it's important to ensure that the program is a good fit for your goals, needs, and expectations. Here are key questions to ask before committing:
1. What is your mentorship experien...
Robert Miller
Tax Question
I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...
Aaron Farr
Large flip finished and sold
This flip ended up being WAY more than expected but it turned out awesome. The quick flips are nice but I really did enjoy the process of practically building a new house. I learned SO much from everything about this...
Kyle Doney
Need Capital Gains Tax Advice
July 13' my parents gave me a loan for my primary house because I am self employed and had a hard time getting a loan. I should be able to get a loan after tax season and buy the property. Since they are helping me ou...
Tarun Bansal
Investing using SBLOC
Hello,
I've a concentrated stock position and looking to diversity out. I however do not want to sell stocks due to tax gains. Does anyone think it's a crazy idea to borrow against a securities based line of credit ...
Ian Clayton
Shaping the Partnership agreement with a Money Partner for flipping
I am forming a partnership with a money partner that wants to partner with us to do residential rehab/re-sells and commercial multi-unit re-positioning. We will be selecting opportunities that provide transaction inc...
Sam Webber
Capital Gains after Death?
Hi BP Fam, I have a couple questions regarding my grandparents house, If there is any info you have or could point me in the right direction that would be greatly appreciated. Both of my grandparents have both now pas...
Thomas Parrott
calculating cash flow
im trying to make sure i have a ROUGH (i know it isnt going to be exact) estimate on cash flow
im just trying to make sure my basic formula is right so i can track the performance i have already had easier (i have no...