Kasha Williamson
1031: Sold Turnkey home, purchasing unfurnished - may I use 1031 to furnish new STR ?
My purchase is $25k under the net of the STR sale, would like to use that $25K to do some landscaping improvements (trees/fencing) and to furnish the STR. May I use that $25k difference to do so, and if so how does my...
Pheng Lo
Advice needed on what to do.
Hey everyone, new here but have been following bigger pockets for a while. I have a few questions, if anyone can help me. Currently I have two rental properties that I want to pull equity from. My issue is, I have ver...
Adam Sieg
Private Loan Structure Question
I've searched through the feeds but haven't found a good answer to the question I'm searching. I'm hoping others with more experience (or opinions) can provide thoughts and feedback. I have a family member interested...
Phil Fletcher
Net lease folks - what deals are you liking given the current economic environment?
Hey all - first time post here. Im curious what net lease deals you all are liking given the current economic environment. Single tenant like Starbucks, Walgreens, Take 5 Oil, etc? or multi tenant retail/industrial de...
Dan M.
In need of a CPA in Eastern PA
Hey All,I am looking for a CPA in Eastern PA that specializes in working with Real Estate Investors and rental properties. The SFH's are owned with a partner under an LLC. Thanks,Dan
Michael Moy
Mortgage for federal employee during government shutdown
Hello! I'm a federal employee and am going to be doing a 1031 exchange. I was wondering how a potential government shutdown would affect my ability to get a mortgage. In 2019 Congress passed a law guaranteeing back...
Mike Berkaw
Equity vs Down Payments
Hi Everyone,Here's my scenario. I purchased a house cash that needed major rehab for 343k. My friend and I did all the work, he paid for most of the materials and based on comps it should come in at a little over 500k...
Jim Stepan
Taxes on Flip Profit
I have just gone into contract on my latest flip and will be making nice profit of around $350K! This is our largest profit yet and wanting some input on ways to save on taxes. We have a CPA but looking for other idea...
Eli Thielen
Cpa in Washington state
I'm in Spokane I have a great tax lady but I think I need a cpa that is in real estate to help make sure I'm get all tax advantages and looking to start a couple of llc and 1031 exchange this year looking for suggesti...
Quentin McNew
Buy, Rehab, Rent, Refinance, Repeat
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $68,450
Cash invested: $29,000
Purchase: $68,450
Rehab: $29,000
All in: $97,450
ARV: $144,000
Financed: $115,...