Brian Orr
How to protect my former primary as a rental?
I "house hacked" my primary home without really knowing what that was. We currently have a renter in there but the house is still in my personal name. I have separate LLC's for my rental properties and for some reason...
Jim Dahle
State Taxation on Private Real Estate Funds
I'm not particularly interested in owning real estate directly, so I look at both syndications, private real estate funds, a simple REIT index fund. I generally only invest in syndications in tax-free states or in sta...
Chauncy Gray
Group Homes in Illinois
Hello All,
Has anyone here from Illinois ever run group homes? Within the next 6-12 months, I want to find properties, flip them and make them group homes. I've heard that people can fix and flip homes and donate the...
Mitchell Sanedrin
HELOC on primary residence to BRRRR possible second?
Hi Everyone!I've read a few of the BP books (No/low Money down, Rental Prop Investing, Ultimate Beginners Guide, etc.) and am currently on David Green's BRRRR book. I've come across a few times that some have used a H...
Peter Johnson
Using self-directed IRA for investment in Portugal
Hello - Does anyone know whether Portugal allows U.S residents to use money from their self-directed IRA to purchase property in Portugal/ Azores? I have purchased property in Canada using my IRA, but not sure if thi...
Elicia Boyd
STARTING A VIRTUAL PROPERTY MANAGEMENT ASSISTANT COMPANY
Hey Everyone,I am thinking about providing a virtual property management assistant services. I think this service would be idea for someone who perfer to spend more time inquiring property while I handle office duties...
Hudson Porter
Puerto Rico income tax on retirement income
I’m taking a hard look at moving to and residing in Puerto Rico. My first question is will my union pension and social security income be taxable by anyone. Researching this online the Act 22 always hijacks the searc...
Nathan Faselt
What does a normal turnover take?
I am writing this to ask the BP community what they see as a normal turn over in a few ways.
1 - How long does it normally take for turnover?
2 - If the apartment was left in pretty good condition how would you h...
Angelina A.
Principal Residence as Investment Property?
Hello!
I am purchasing an investment property for my elderly parents to retire in. My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...
Andrew Clark
Primary Residence Capital Gains Tax
Needing some advice on capital gains tax.. I will be selling my current primary residence in a few months & moving over the proceeds to my next home. I will only have lived there for 10-11 months by the time I mov...