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Hello BP family, my very first post and interaction on here. I hope this works, this is actually for my brother, he is looking to sell a rental property and wants to avoid paying capital gains. Does he have to use t...
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In my experience it is difficult to get someone to pay more than $10,000 for a contract assignment. Buyers get caught up on how much I am making and lose sight of the main goal, their profit. Obviously it shouldn't ma...
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Hi, I am looking to do a 1031 exchange soon (closing in Feb). The property is in Oregon but I live in California. So, 1. Can I choose 1031 Exchange facilitator anywhere? 2. Can you please recommend a 1031 exchange fac...
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When an agent list a property as seller doing 1031 exchange, what do it mean to the buyer? Will the seller willing to accept lower than listing price? The seller is not actually in a hurry to sell? so on....
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I admit I am new to buying properties, however the selling broker for Hud is requesting an exclusive buyer's agreement. I do not believe this is required to buy a Hud property that I have already won a bid on. I am re...
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Hi allI wanted to get some input/advice on a property acquisition: I have a property under contract but can only buy in my LLC (I was doing a 1031 and have to follow the 1031 exchange rules). The only lender who can...
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I am in a 2 member LLC (husband and I) for which we file a partnership return the K-1 information is then reported on our joint tax return. We would like to sell property that is in the LLC. I have been told to sell a...
My parents own two rental properties that are row houses right next to each other. They were both purchased 20+ years ago for ~$70K each and have been fully depreciated. They bring in around $1050 each per month and a...
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Good evening, I am looking for some general and creative seller financing term ideas that have been used in the past for purchasing a commercial building thats out of reach in traditional terms i.e 20% out of pocket d...
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I am offering seller finance on an investment property (with balloon payment for a short period of time) because of the current high mortgage rate, since I cannot subsequently 1031 the balloon payment when I receive t...