Jonathan Chavez
Tax advice | To 1031 exchange to not...
Hello, fellow bigger pocketers. I'm trying to weigh out my options on whether or not to do a 1031 exchange on the planned sale of a duplex I am about to list. I estimate that we will be on the hook for approx $100K in...
Steven Hamilton II
Ask your CPA...
Ask them when the last time they took a course in tax theory was. A CPA is not required to take any CE in taxation after they have their license... So please do your due diligence as well. I know some very good CPA ...
Ryan Haley
Purchase, Hold, and Sale of 4-Plex in Columbus, Ohio
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $125,000
Cash invested: $125,000
Sale price: $175,000
All-cash, out-of-state purchase of 4-u...
Dennis Tierney
Obamacare rent tax
For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare. It is one of the myriad of new taxes passed by the Social Democrats. How are other passive investors of th...
Christy Glenn
Pre-Foreclosures
Hello, all,
I have been watching some properties going into pre-foreclosure in my areas of interest. Some have a auction date set and some have already passed the auction date. They are just sitting there. Am I miss...
Christina R.
lease options - do they work with someone who wants to do a 1031?
I have a lead off my current YL campaign who is a Realtor. She has a property she no longer lives close to and doesn't want to manage from afar - she'd rather sell it and do a 1031. The comps she gave me I am in a...
Sam Chaptini
Questions to ask when buying Commercial RE
When the numbers work, what are the questions agents ask about the potential property? FYI: NNN fast food restaurant.
Kim Allard
What do you think? Yield ahead?
Dear BP members So many times I have received valuable insights and contacts through this forum... it’s pay back time!Take a few minutes to read this: https://www.ccim.com/cire-magazine/issues/Jan-Feb-19/Basically, to...
Dylan Whitcher
Looking To Purchase First Multi.. DFW TX
My wife and I are looking to purchase a property in the Dallas Fort Worth Metroplex. We are also looking to build relationships in the DFW area, within the REI industry. We have money ready to go. We are being cautiou...
Cha Yang
Flip, refi, lease option, then 1031 exchange
Hello BP,I did some research and couldn't find if this has been tried before. I have my first flip under contract but I wanted to run this strategy (I thought of last night) by the BP community to see if anyone has tr...