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Hello BPers!I was initially hesitant to post this as I was contemplating whether this is a success story yet, but I'll let the BP world to decide. I'm sure everyone has a story on how they came across BP and here's mi...
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Hey BP Nation! I'm writing the world's best post on 1031 Exchanges. Maybe I'll put it in my next book. But here's the problem: I need you. You see, I need some good stories to go with the post. So, if you've done a 10...
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When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
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I've been thinking what people would do (or rather, what's the best thing to do) when they receive a lump sum of money for whatever reason.
Would you...
1. Pay off your primary residence (90-100%), and invest the re...
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I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...
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Hello yall,I'm moving with my girlfriend and her son to Dallas (where I'm from) from Long Island, NY mid-October. I want to buy a duplex as an investment using an FHA first time homebuyer loan. My plan is to rent out ...
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Hello,I am in greater Los Angeles area. I own a property and this is my primary residence. I have some money for investment. The kind of investment property I can buy cash down are far away and Bakersfield has some go...
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Apart from a changed name, this is a true post. The incident happened last Friday night. The write up is divided into three sections. The story, The Aftermath, and The Lessons.---Bang, Bang, BANG! It’s midnight, my w...
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Hello everyone,
First of all, thank you for all the information that everyone has provided on this forum, it's very helpful for someone like me who is new to real estate investing.
I am a first time homebuyer who o...
Hi everyone! I recently joined and have been reading and doing some research on this site.FYI, I work in construction so I have home repair experience. We own 2 houses in New Jersey under my wife's name as my credit w...