Mallory Thompson
Structuring a BRRRR Partnership
My husband and I are under contract with another couple on our first BRRRR. I've set appointments with a RE attorney, CPA and then have plans to do my research with insurance companies and lenders but wanted advice fr...
TRUSTEN BROWN
Buying 4plex via owner carry financing
Hello,
I wanted to reach out as I have never done an owner financing buy before. I have bought and managed several multi-family properties in WA however they have all been through conventional financing. The owner ow...
Pearce G.
Cost basis on subdividing
I have a commercial zone property under contract that includes a building that I intend to hold for rental income and some additional vacant land that I intend to subdivide from the building and then flip.For tax purp...
Patrick Owens
Tax deductions for visiting out of state property
So, I am considering a long term rental property in Florida. We live in Charleston, SC. In addition to having cash flow, this would be a great vacation spot for us. The question is: What are the tax deductions av...
Allen B.
1031 boot, how is tax figured?
Can someone give me a *rough* idea how I can expect any boot from my 1031 exchange to be taxed?
I know the general taxes involved (long-term capital gains, state income tax in GA (I think), depreciation recapture). B...
Mauricio Castro
What is the right LLC structure involving investors?
Good afternoon!I am trying to find the options to set up an entity to participate within another entity (LLC) in a construction deal.An associate of mine is putting together a construction project for single-family ho...
Sandra H.
LP Syndication Investor-Sponsor
When investing as an LP in a MF syndication does it matter which sponsor on the team you apply with? Does it all go in the same pot or do the sponsors receive different fees or credit among themselves for sourcing the...
Chandra Kanth
High cost Special assessment.. what to do
Hi,I own a condo in wi. This building has 40 units. I bought this for 142K in 2006. currently i am renting the condo. Lately the building is having water leak issues and the condo management assessed a special assess...
Alec McGinn
Where should I park my capital?
Where do you like to put your capital while you are saving for a real estate deal? Currently my capital is sitting in a savings account gaining nothing. I’m wondering if I should be putting my capital somewhere that m...
Mike Chern
1031 and reduce risk
For example, I have 8 properties average loan to value around 50%. I want to consolidate into 4 properties, all paid off.Form my understanding of 1031 rules, this is not possible. I still want to ask, even if I sold o...