Kizzy Robb
Impact to your Credit
Hello BP!
I recently opened an retail account up (Home Depot) to help with some of my projects. I also opened a personal account up as well, close to this HD card. My credit score took a dive of 30 points. 30!!! And...
Gian Piero Bandieramonte
General Parnership and Inheritance Taxes
Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To...
Jeff Bridges
Selling Rental: 1031 or eat taxes?
I'm selling a rental property at a profit and intend to buy another rental property to improve cashflow and get into a more desirable and easier to manage rental. I've been running the numbers and trying to figure out...
Bob D.
First Deal - Three Family in Plymouth, MA
I have an offer accepted on a three family in downtown Plymouth, MA. There are two three bed units and one two bed. We are currently negotiating P&S and have some fairly big issues to work through:Three existing l...
Samone Johnson
Any One Use FCI Exchange?
Has anyone used the FCI Exchange site to buy performing or non-performing notes? I want to get feedback before purchasing. Also, are there any other sites that are similar?
Maria Luna
New to bigger pockets.
Hello there, my name is Maria and I’m new to bigger pockets. I’m here because I want to learn more about real state investment. I’m currently in school to become a nurse, but my ultimate goal is to invest in real s...
Mackal Smith
Taking Care of Student Loans
Hey everyone,I haven't provided an update since my last post in November. At that time I asked everyone's opinion on using rental properties to help offset my daughter's student loans. Well, I'm 5 months in and I figu...
Arthur Kineard
How do I show income while minimizing taxes?
I own a retail business that is doing well. I want to diversify into real estate as a tax shelter and for money. My primary question is how do I show income after taking advantage of all the deductions? I can take ded...
Eddie Delaney
68 unit Complex - 1st Multi Family Investment
I am a new member and we finally closed on my first multi family investment last week. It is 68 units in Orange Texas. It flooded for the first time during hurricane Harvey. So it will need a complete interior rehab...
Ben H.
Increased Valuation Strategy
Hello All
I am in Dallas suburb area in Collin County. I am experiencing an issue where my properties values are increasing much faster than the market rent can keep up with. The rise in valuations has increased my t...