Can anyone with experience doing an owner carry with a 1031 exchange verify the following?Do I need to use all my equity, plus the cash I bring to close, and put all of it into the replacement property?As a simple exa...
I Live In Toledo Ohio I Do Lots Of Research On Wholesaling I Have A Notebook Filled With Notes And Watch Tons Of Max Maxwell Videos And Listen To PodCasts I Feel I Have Done Enough Studying And Its Time To Take Action...
Hey Guys, I'm looking at a home with a little less than 800 square feet. The deal seemed good at first. The location is good. The neighborhood is good. The rents are good etc. However, we've never purchased a pro...
I plan on using vinyl for my bedroom floors. Problem is, when we removed the old wood flooring (square blocks), there is leftover adhesive (cement?) on about 25% of the room. What is the most effective method in flatt...
My buyer's agent continually tells me that I should not worry about a positive cash flow to back-calculate an offer. Why? Because you don't want to show income (of cash flow) on your tax return, or else you'll be taxe...
Curious about where people have formed their entities and why.Thanks!
Hey everyone! So I am looking for a potential short term rental in Flagstaff, AZ. I spoke with a few realtor and some really seemed to discredit that strategy. After doing my own research I believe that my head is i...
Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer). I have an LLC and was about to apply for an EIN on the IRS website bu...
Hello BP community! This is my first post but we have been going around and around on this so I figured the forums might be a good place to find an answer. I know there are tons of fix & flip hard money loans out ...
Our roof is beginning to leak on a house we purchased just a year ago. Looks like there's no flashing along the side and also needs some areas to be re-shingled. Is this something I can/should claim through homeowners...