Andy A.
Mortgage Boot?
I recently did a 1031 exchange. My CPA says I have a mortgage boot situation, but I would like to double check with the experts in this Forum.Here are the numbers for Relinquished property:Adjusted Cost Price: $354KSe...
Nick C.
How to use a Cost Segregation Study DST
I don't think my tax advisor is claiming depreciation for two rental properties and I'm looking for some help from the BP community. I did a 1031 exchange in early 2022 from a single vacation rental I had into two DS...
Andrew Le
Overpaying commission on a rental property to receive rebate on f
I currently own a rental property that I am planning to sell this Spring. After the sale of this property, I would like to use the proceeds to purchase a primary residence. I know that this situation does not qualify ...
Michelle Meyer
My first investment home
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $83,000
I bought this house as my home, moving from my 1st home after refinancing to put do...
Matthew Krueger
The Goal: Leave my kids with as much real estate as possible!
Before BP, I was just content with having 5 properties pay themselves off... but now I want to absolutely CRUSH! IT! What a great, motivating resource! So... Are there any wise words out there for guy with $60K to pl...
Kelly Pierce
Lease Termination to Sell Property
I have two SF rental properties in CA. I'd like to (potentially) sell both of them. DISCLAIMER: I've been fortunate and have great tenants - none of which have missed a beat during COVID. The rentals (in CA) just don'...
Corey Conklin
Trying to buy a house from a family member
I’m needing a little help on how to make a deal I have work out.
Background:
My aunt just inherited a home (free from debt) from my recently deceased grandmother. The house is in decent shape but it needs some cosme...
Brian Mangum
Self Storage Deal (Is it good or bad?)
Hi team.This deal was presented to me today. https://charlotte.craigslist.org/reo/d/self-storag...I am a new investor with NO property yet. I hoped to start small but when I see things like Multi Family, Self Stora...
Cody Kinser
Renting a Pool Home on Airbnb/VRBO
Hey everyone! I’m new to the community and looking for some advice. I own a SFR in Jacksonville, FL that is rented out to a full time tenant and managed by a local PM. I’m considering switching to short term renting v...
Karine Schepers-Cheng
ABout to start Rent-to-Own contracts
Would like to have some recommendation on the rent-to-own contracts: from your experience, is it a good strategy to implement now? Any sharing experience, things to be careful about in the contract?