Aline Elad
Capital gain taxes from Investment account
Hi All,Is it possible to avoid capital gain taxes if I use funds from an investment account to BRRR a property and then return all the funds to the account within the same year? What if I leave some in the deal, can I...
Ryan N Lacida
Tax Structuring for Non-US Residents
Hi Bigger Pockets,
I'm based in Central Florida and new to BP. I, along with my partners, have formed an LLC and bought our first investment property here in Florida. My partners are Cayman Residents and in need of T...
Starr Ango
What should I ask the seller when analyzing the property?
I am looking for my first deal ( leasing option) and I would like to know when questioning the seller about the property what else should I ask besides the common question such as what are the insurance fee, taxes, el...
Earl Gaines
Checking Deal with Commercial Tenant component!
Hey All!To make it short and sweet, I have a major value add commercial property (4 residential units, and a 4000 sq.ft. commercial space, 2 stories tall, extremely large basement) that the owner is willing to seller-...
Reno Law
No income, 800+ credit score, how to get a loan?
I have a client who’s a single mom, housewife with 800+ credit score, owns a property co-signed with her parents, no income for the last 5 years and basically just live off from her parents support. Her parents left h...
Vishal Amin
Getting cash from Private Mobey Lender
Hi BP Community,I am doing a BRRRR, getting the down payment from the a PML but they are giving me cash. How can I use that toward my down-payment? Will the hard money lender ask where this cash came from? The private...
Terry Lao
Property taxes in Cleveland, Ohio.....why so high?
Why are property taxes so high in Cleveland, Ohio, relative to the sales price? I saw a duplex listing price of about $90k with good cash flows, but my goodness.....the property taxes were $4800. This is about 5.5% of...
Robert Downs
Refinancing in Spain (BRRRR?)
Hello BP community!This is my first post (and first day as an active BP member). First off, I live in Barcelona—actually, Sant Adrià—and I am just starting my education process to begin investing in rental properties,...
Matt Devincenzo
Partnership Buyout or 1031
I'm working with a friend to explore a partnership/JV with 3rd investor who is a personal friend of his. The deals we're looking at are new development small apartment type projects (8-15 unit infill), and we're tryin...
Anne Pitkin
How to offer landlord a win-win deal for 5 properties at $2.5M?
Hello BP!
The Portfolio: Five multi-families (All 3 units, excellent
tenants, excellent locations, well-kept). Purchase price: $1.3M. Value today:
$2.5M
The Background: My landlord (let's call her Sara) owns 5
pr...