Hey everyone,I have been listening to BP for about 6 months now , and am new to real estate investing. I have been eager to get involved in it for a while and think I might have found a deal that will work. It is a 2 ...
I am considering a 1031 exchange of an investment property I have in Los Angeles (one of four) out of State to get better cash flow returns, as I have a lot of equity. I have been looking at Chicago, along with other ...
Hey all, I have a very high level tax strategy question / hypothetical as a sole proprietor LLC.
Let’s say I own a place worth $100k. After expenses, I net $15k in cash flow at the end of the year.
I then take tha...
Have any of you owned an older commercial property and been approached by a developer looking to purchase it for re-development? If so, can you describe the experience and any insights you gained from the process or ...
After buying our first rental last fall with cash (LLC with business partner), we are currently refinancing the first property to a cash out refinance in order to invest in second property. The appraisal came back alo...
I inherited my Mom's home and the deed was passed to me one year ago this month. The home needs a lot, and I have been considering selling.
From what I am reading, I would have to wait until next June of 2015...
Love the site, really great stuff. Anyway, I've been house hacking in Pasadena for a few years and am now living rent free with my family in a home I'm about to inherit from a living relative who owns it under an LLC....
Wondering if I can get some advice here. Having a difficult time deciding.I live in Portland, Oregon. I have two kids, husband and my mom lives with us. We have a 3 bedroom house plus another single family rental.Give...
Hi Everyone.My 78-year-old mother owns a rental house in Texas. She is tired of being a landlord, and she wants to quitclaim the property to me. If she quitclaims her interest to me, is that a taxable event for eith...
Background:-My parents recently sold their business and have around $700-800k they would like to invest. They have asked me to learn and invest it on their behalf.-I am also a small business owner, but of a relatively...