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My name is Brandon Kanakis-Pennell. I am from Richmond Virginia as you can see from the post subject. My experience in real estate has been literally investing in REITs, crowd funding loans, and purchasing my primary ...
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Rental Income Requirements on properties 5-10.
OK..just spoke to Fannie directly to clarify rental income
She said Fannie is definitely saying that if you own properties and want to be able to use income from them t...
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Hello everyone! From what I've gathered, when converting a property acquired via a 1031 to a primary residence, one needs to be very careful to not trigger tax consequences by rkeeping the newly acquired property for ...
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I ran across an article (I think it was CNN) that made reference to some change to the tax code that was included in this new stimulus bill. Something about a change to depreciation limits. The article framed it as ...
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First off for some reference before you get into the Example: As you know there are at least 5 different possible "sources" of income when buying any kind of Apartment, multi family or single family real estate deal. ...
Hi all, First time writing in the forums. I am 22 years old living in Barrie, ON Canada, just north of Toronto. I have been researching real estate investing for a little while now and it is something I have become in...
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I'm new to the investment world and trying to learn everything I can from all you smart and educated people here (big thanks to @jonholdman)!
I went to a financial / flipping seminar and listened to this stra...
Hi, I’m new to this website, but heard I can ask all of my questions here. I was wondering what you guys think the best company structure may be in terms of entities in terms of both flipping houses and also holding r...
Hi everyone,First, thanks for reading my post, and for all the information here on BP! Wow! I have a PA home I'm currently using as my personal residence, traditional bank financing, >20% equity, that I've been i...
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Question: We closed on a property in November 2018 fixed it up and rented it the couple that wants to buy it. They agreed to buy it once we crossed the 1 year mark so that we could roll capital gains out into a 1031 e...