Christopher Smith
IRC 179 Question (as modified by the TCJA)
I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...
William D Schablowsky
TIC Deed between spouses after one does 1031 Exchange
My wife and I are looking to purchase property (vacant land). We are looking at purchasing 80% of the property by doing a 1031 Exchange by selling another parcel of vacant land. We have a buyer for the property we a...
Gabriella Vehrs
To Scott Trench: What is a good personal finance foundation?
In @Scott Trench's latest post on a potential crash, "Yes, I’m Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here’s Why." He says,"I buy well within my means, with a rock solid personal financial fou...
Cassidy Burns
1031 Exchange after refinance??
Hi BP,If you have an investment property that you did the BRRR strategy on but want to eventually do a 1031 Exchange, does the capital gains credit based off of the original purchase price or the new loan on the prope...
Rick Howell
5 Tips for Buying Bank-Owned Properties
The financial collapse that started in 2007 created a massive wave of foreclosure properties. Now, more than ten years later, most of that glut has worked its way through the system. Still, many bank-owned houses are ...
Gary Wright
Owner Occupy purchase Multi-family with FHA
I have my sights on multi-family props in the San Diego area. When FHA says owner occupied, does that mean one of the units has to be a primary home? Can I use one of the units for a year as a commuter residence (li...
Payal H.
Newbie Investor looking for Advice
Hi All, I am a newbie real estate investor. I want to buy rental properties. What are your thoughts on buying in the mid west? Please share your thoughts, success and advice. Thanks a ton. Hoping to learn a lot from a...
Joseph Gibbons
Cleveland Duplex Rehab for Rental, etc.
Ive been saving for a few years and just got back from Afghanistan so I want to purchase a duplex and over the next year add unto three. Based on the market for a solid starting point Im looking at around total bu...
Account Closed
BuildDirect
Has anyone ever purchased from BuildDirect? I see that they are always advertising at the top of my screen on BP, and other websites.
Joseph Villanueva
Coop, Condo or single family house for newbies here in NYC?
For a starters like me, should I go for a coop (cheapest here in NYC) or should I save more for Condos or even a single family house? Thanks for helping newbies like me!