Bill Exeter
With Year-End Upon Us, What Year-End Tax Planning Strategies Do You Use?
With year-end and the holidays rapidly approaching, I thought it might be helpful for investors to share year-end tax planning/tax management strategies with their fellow investors. We often get so busy at this time ...
Ivett Soti
How to calculate tax implications when investing in real estate?
Hi,My husband and I are trying to purchase rental real estate properties. We are just learning about it, but our plan is to buy a few of these properties (ranges between $80k - $150k) in the next couple of years and e...
Stephen McCracken
Cashout Refi on Relative's House to House Flip & Tax Ramification
Hey Guys,Just got off the phone with my CPA (out in California)... relocated to Denver a few months ago.I recently refinanced a retired relative's home (I was named co-borrower hence now on Title as joint tenant)My qu...
Mary Joe
FLORIDA out of state investor need to file Florida return?
Hello, Florida is NOT my home state, I have a rental property in FL, do I need to file FL state return? Turbox Tax prompts me to start a FLORIDA return but I am not sure if this is really necessary for out of state...
Shane Rawlings
Texas tax lien question
One thing that confuses me is when bidding do you get interest on the amount you over bid from the original owed amount or by over bidding are you lessening your profits?
Does anyone know a good resource for learnin...
Geoffrey O'Brian
Contributing a property to LLC with deveoper triggering a 1099?
Hey all. I'm in California and am contributing my property to an LLC. Single member at first (me), then multi-member. There's a managing member who is the developer. We plan to build on my lot and my neighbor's lot.Th...
Christian Halsey
% Buying in Chicago %
Hi BPC,I am currently living in Chicago wanting to purchase a residential multi-unit (2-6) building in the Chicago and surrounding communities. I am wanting to do a creative deal as I have experience with terms and n...
Phuong Dinh
Primary Residence/ Capital Gain
Hi,I recently bought a Duplex as a primary residence, I plan to live on one side and rent out the other side.Now I have another plan that i want to sell the Duplex. Since the duplex was under a primary residence loan,...
Joshua Buchanan
Sandwhich lease option help!
I currently have a deal under contract and would like to know if it would be a good sandwhich lease option deal.Property has ARV of 75k-80kRepairs need 12k-15k but property is livable. There is an 8500 lien on propert...
Mitchell Johnson
Can I buy my parents property for only a few dollars?
Hi, I’m a new investor trying to start brrr’ing my first property. Problem is, I don’t have it yet; my parents do. They bought a house and fixed it up but decided renting isn’t for them. I told them I would buy it fro...