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I partnered on my first two deals this year. One I put some money in, the other I did not. I received equity for structuring and sourcing both deals. My CPA mentioned the potential for the irs to classify the equity a...
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Investment Info:
Single-family residence wholesale investment in Pittsburgh.
Purchase price: $45,000
Cash invested: $25
Sale price: $64,000
Morningside wholesale. 3bed/1bath bungalow. Owner in di...
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Hello Hive,I am a first time home buyer and investor. I am buying a duplex and will be renting it out for a long haul. I would like to seek advice on whether to avail of 30 yr Fixed mortgage or 5/7/10 yr ARM. At this ...
I am being evicted for nonpayment in Ohio. I have a court date on Friday. I will be able to pay what is owed on payday:Payday is the same day as the eviction court date. If i am able to pay in full on the day of court...
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Hope everyone is having a lovely Sunday. If anyone has any resources/books/insight for first timers looking to place their first rental property under an LLC, I’d greatly appreciate it. If there’s already an existing ...
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Hello BiggerPockets Community,I am ecstatic to join this thriving hub of real estate enthusiasts. My name is Kiera Osborne, a proud Californian, whose real estate voyage embarked quite early. Despite the early start, ...
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I am in the process of carrying out a refinance on 5 of my properties and I want to attain a 30 year mortgage with a fixed rate(conventional financing ). All the properties are all under 5 units and I would like to r...
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I am in the process of signing a wholesale deal for a single family house owned by three siblings that live in three different states (Washington, Oregon, and California).
None of them are tech saving so docusign, ...
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Greetings, I am based in the NY Tri-state area. Can anyone recommend a CPA with expertise in advising real estate investors? Or are there any such professionals on BP? Thoughts welcome. Thanks,Ty