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Results (10000)
Randy G. Just closed on a private investor
17 May 2021 | 6 replies

So yesterday was a great day!! We had a lunch meeting with potential cash investors. They said yes and want to give us 200k for 6-8 month loan 9% interest for our next flip. My first thought was I could use 200k for a...

Justin Turner Plumbing issues in a new house, any recourse on my end?
9 August 2018 | 3 replies

We just bought our first house, about 4 months ago. We bought so that it would work out as a rental when we move in a couple years. It turns out that we bought the house after it had had a serious re- model and been...

Joe Stubbe Buying our flip and taxes
26 October 2024 | 5 replies

We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary. Are there any tax implications since it’s currently in an LLC and will...

Mark E Preparing for California Real estate exam
23 May 2007 | 4 replies

Hello guys/gals im preparing to take my real estate exam in the next 2 weeks and im finishing up the class that im in. However, at this time im sick and can't go to class this week and in my time in bed resting im fin...

Keith Thompson Deduction phase-out question.
4 September 2015 | 1 reply

Although I owed a duplex as a primary residence in the past, I'm just now getting into multi-families as investment vehicles- mostly buy and hold for cash flow. My income is moderate, but combined with my wife's we re...

Dylan D. Question on a sheriff sale
22 December 2017 | 3 replies

There is a piece of land that is coming up for sheriff sale in 1 month. The piece of land is in an area that I've been searching for land in for years, it is my ideal building spot, family in area etc. that being said...

Account Closed "Homegrown" Investment, buying "stock" in investment property
15 May 2017 | 3 replies

Hey BP, recently came across an investment opportunity. The owner expressed he could sell me stock ownership in his property I am living at. Much like a public stock, essentially the owner sets the stock price at what...

Jerome Nunez Dissolving Membership Interest in LLC with Mortgage Liability
13 November 2024 | 3 replies

BP, I own a 33.33% membership interest in an LLC that holds a two-family property, alongside two partners with equal stakes. Due to strategic differences, I plan to dissolve my interest within the next 3-6 months. How...

Liliana Gala STR license loophole?
6 October 2024 | 5 replies

Im located in Colorado’s front range and a total rookie! I’m interested in doing an STR out of an RV on my primary residence. There are about a dozen or so other STRs just like this in about an hours radius of myself....

Thad Gerber Can I use Section 179 to expense a new roof for a commercial building?
21 February 2024 | 7 replies

I need a new roof on one of my commercial investment properties. Can I expense the roof or do I need to depreciate it? My CPA says I have to depreciate it over 39 years but another CPA told me I can expense it.