Bit long story, but thought i'd share. I'm curious about oversight, ethics, procedure, etc. that govern courthouse property foreclosure auction by counties. I have bought a few previously and today this happened: Ther...
Hope all is well BP community! My name is Patrick and I’m sure like many of you at some point in your life an interest sparked that led you toward this real estate community. What I’m hoping to outline with this intro...
My mom wants me to help her roll her 401k into a self directed retirement fund to purchase rental property. She will be 70 next year and wants to do this before she is required at 70.5 to start taking distributions fr...
Any advice on what questions or what to look for into an accountant that specializes in real estate? I keep hearing about how some accountants were able to deduct so much etc etc. I just need to find one. When I spea...
I'm buying a REO, Wells Fargo is seller, and they offer to pay for owners title policy if I use their chosen title company. This could be a decent $$ savings. Who has gone this route before and any opinions whether g...
I'm trying to raise money to purchase a property in NYC. If I were to pull in other partners that were strictly only offering their money & no other services what would a typical contract look like? Would you just...
I have a rental property where I didn't live in for the last 10 years. I am planning to sell it and to a 1031 exchange for a multi-unit commercial building (residential apartment for 10 units). Does it quality for the...
This might rub some people the wrong way. but in my short home buying history, the realtors i have worked with have provided paper work and a way to get into the house for viewing. other than that i found the house t...
I've been researching how I should structure my real estate investments. I currently have all my assets under my personal name. As I grow my portfolio, I want to reduce risk, taxation and free up my personal cash vest...
I have read about two possible legal ways to write off some of the rental income: Take a partial dispositions of asset for a rental property and use that loss to write off the income in 1040 https://w...