Pros and Cons to actual property vs REIT's. I have a friend who is heavily invested in REIT's and has had success. I have always leaned more towards owning an actual property because of the equity you build and cash...
Hi BP,I'm looking to purchase either via seller financing or assuming the note (assuming the bank accepts). I'd prefer assuming the note. The current note is with a hard money lender. If I purchase via seller financin...
I am looking for some tax advice regarding the potential sale of rental property. Trying to understand what a potential tax bill may look like. Property was previously our primary residence, having lived there for a f...
Investor in her mid 70's has a rental house. It's been a rental for 10 years and she's never lived in it. Her basis is $170K and its market value is $300K. She does not want to invest in more real estate. She wants to...
Hi, my name is Ahsan! I’m not exactly new to having tenants but I am new to the investing part. Let me elaborately that. I am 22 years old and I inherited 2 properties. Property #1 was a vacant building which I have l...
Hello there everyone I have a quick scenario I would like to mention and see what feedback I get from BP's forum members. Enjoy!
An investor finds a property that is substantial discounted and pays for the property c...
Hello BP! New California REI here... I am currently in escrow on a 4plex, hoping to close early September and begin putting my invested money to work. I have come upon a hiccup and am not sure the extent that it would...
hello. I have been looking at the Huntsville area for a multi family property for a little while now. and I will be in need of doing a 1031 exchange so time is of the essence. I will be trying to keep the price below ...
Hi. I would like your advice on one of my three rental properties.I purchased this SFH in Cook County, IL., in 2018. I paid 168,000 and put 25% down. Over the past three years, I have raised rent to 2,300 (It's Sectio...
I'm seeking clarification on activation of suspended passive losses upon sale of rental property. Let's use the scenario where my suspended PAL exceeds capital gains upon asset disposition. Does the total suspended P...