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Hey there Team BP! After months of following along the BP threads and webinars, it's time to make things happen. Can't thank the community enough for helping me to this point. Been analyzing some multi-family homes in...
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I have a wholesale deal in the Atlanta Market, but seller wants Seller Financing to close instead of traditional full cash offer due to large “Capital Gains Tax”.My question is can I position this deal to an end buyer...
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I am well aware of most of the tax benefits for an active REI or as the sponsor of a syndication, but are the tax benefits the same or different for a passive investor “member” of a syndication?
I am about to run a s...
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I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
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Hello All! My grandfather recently passed and my (paternal) grandmother is looking to sell her home. My mother lives on a fixed income and is currently renting an apartment. My plan is to move my mother into my grandm...
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I had a thought the other day and after asking around from a handful of agents, seems like this is possible. I am a REALTOR and have property that I am interested in 1031'ing. If I pay a buyers agent fee and sellers a...
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I have previously posted about a self storage facility I have been trying to acquire, and I am now close with the seller on the terms. They are older and want to sell their properties, yet they are more interested in ...
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I saw a craigslist ad for a 3 unit for 120K. I only have enough for about 10% down right now so I asked the seller if they would consider seller finance for three years. Here were his terms:10 yr amortization @ 10%, ...
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For a property that does not have a mortgage, what is the best way to get cash out for investing purposes, whether it is for another property purchase or putting the money in the stock market.
A HELOC or HEL is pos...
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Let's assume that I can pull out approx. $225,000 in equity from my home. Let's also assume that if I do nothing with it I am able to pay the monthly note to satisfy the loan. Seeing that rates are pretty low right no...