I have shifted my house to Alberta as that would be somewhat near to my work place instead making me travel a lot normally. I have been using my friend's kitchen appliances at my old house as that was a shared kitchen...
hi members I'm hoping that someone can help. I'm looking to refinance my mortgage but I have high credit card debt which is pulling down my credit score. I want to put the credit card debt into the new mortgage but I ...
Hello, folks. I am a homeowner who purchased my first home two years ago trusting a real estate agent (assigned by the mortgage company) who did not seem to have my family's best interest in mind. I made mistakes that...
Hi all,I've bean a long time lurker, and finally had the right opportunity to jump on our first flip. Background - I own a residential construction company, and I am also a licensed Realtor. This project came to me fr...
All,
I have two loans on one property which I have been going in circles trying to figure out how to make it "better". "Better" for me is almost always focused on cash-flow. Here is the information on the loans:
1st...
Hello folks,Just want to start my first post by throwing a huge shout out to everyone on here contributing to this lively community on BP. You are all awesome! (well except for you scammers I've heard rumors of). Afte...
Hi,We live in CT. My girlfriend and I are about to form a 2 person LLC. Any suggestions on how to go about forming a proper LLC? We plan on buy and hold. Thank youTony V
What is meant by “passive activity loss” for a real estate professional? I am currently 37% tax bracket and all passive activity losses are void for me (IRS form 8582).However, it states that “unless the taxpayer is a...
Hello all First post! My firm is purchasing a MF property from this couple in their mid 70s-80s. They purchased the property in 1992 and are looking to avoid paying capital gains tax on the property. What would be the...
Hey BP Wizards!I'm researching and working go get my s#*t together to make a Master Lease Option deal a reality. I've gained a lot of insight by searching the internet, but I think that I'm ready to take my knowledge...