Michael Rutkowski
What are people paying in fees for a 1031 exchange?
I'm trying to initiate a 1031 with a qualified intermediary, and have been quoted up to $3k for fees. Previously we were involved with one in a different state and they were only about $1k, but this was a few years ag...
Christie O'Malley
Ordinary vs Capital Gains: Calling all Real Estate accountants
Hi all,
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...
Nabeel Qureshi
Primary residence --> Rental: Sell in ~5 yrs or hold long term?
My wife and I have lived in our condo for 17 months. We are moving across the country for a new job, and are converting the condo to a rental. We don't intend to ever move back into it.
From a tax advantage and over...
Brian Ellison
Change Property Type Residential to Multi-Family
Hello everyone!Has anyone been through the process of changing a residential property to a multi-family property? I recently found a multi-family property I've been eyeing is zoned for residential. I would like to wri...
William Allen
How to Scale Your Business
Over the years I've hired hundreds of different people between my real estate company, military career, and 7 Figure Flipping. I’ve also worked with hundreds of real estate businesses to scale their REI companies. O...
Trevor F.
Financing for Multiple 50k Properties
I have a number of properties I purchased cash in the last year for around 50-70k each in North Carolina that are currently rented at market rents. I need to find financing for them and I don't want to use my conventi...
Mo Muigai
HOW to handle partner with MONEY💰 , no time or knowledge
I’m doing due diligence on a triplex and duplex that owner prefers to sell together! I don’t have $100k to put 25% down. A family friend is interested in going in with me, he has the $$$$$ to put down. What is the bes...
Ben Holloway
Seller can't produce repair invoices on 30+ complex, worrisome?
Hi all,Quick question for the folks on the multi-family BP forum here. I'm a relatively new real estate investor with a few single families and a few smaller multis (sub 4 units). I have aspirations to move into large...
Account Closed
Tenant did not pay for Gas. NGRID's reaction?
A tenant whose lease ended and who has moved out did not pay for gas and I am not sure if they had at all registered it to their name as they moved in. The lease does say that they are responsible for paying for it. G...
Justin Schellenberg
Purchasing both sides in a split duplex?
Hello, I have read and heard... buy a duplex and live for free! I have found a duplex in the Indianapolis area that would be suitable for my family to live in one side and to rent the other side. The problem is at s...