Mike Reynolds
Capitol gains question
I have read some on capitol gains but the info I find is for married people not partnerships. Here is my particular situation. Myself and a friend want to build a spec house and we basically have a buyer lined up. ...
Thomas J. Clifford
Newbie Strategy Question - Is this feasible?
Hello all - Happy New Year!I'm in the process of getting capital together in order to buy my first investment. If I wait much longer I'm afraid I'll be stuck in analysis paralysis forever....In my market in Gainesvill...
Ram Su
StateFarm or American Family
Hi, I am in the process of getting a home insurance. I got quotes from AMFAM - for a H05 Gold Elite policy and one from State Farm. With AMFAM the inital rates are $200 less than state farm - but they have a welcome ...
Calvin Lin
Buying a 6+ unit apt complex in Connecticut
Hi all,I had experience buying multi-family before. However, this time, I want to set up an LLC and am looking for 6+ unit apt complex in Connecticut. I'm from MA and will land my job in CT. I don't have any connectio...
Philip Tretola
Determining if a house is used for rentals
Hello BP community, I am moving much closer to purchasing my first deal. Well, actually doing much more targeted research now as opposed to only education. In any case, my question is, how do I determine if a home i...
Charles Moore
Own rentals w/ little equity in my name w/ primary home in Trust?
Hi, all!I am looking at acquiring 3-4 properties through a 1031 exchange from an appreciated rental that I have in my own name - I already have that part figured out.What I am still researching is whether or not to p...
Charles Prem
Fishtown deal, need financing
Hey, I have a done deal on a 4 bedroom, 1 bathroom house in a prime location in the Fishtown neighborhood of Philadelphia. The banks appraisal came back, and they want the seller to do repairs in order to give me fina...
Dan Cox
Ways to invest with limited capital?
Hi all,I’m looking for advice and strategies on how to start investing with limited capital. Currently I find myself a sole provider for our household working a demanding job (Project Management). I’d like to start ...
Chris Cabanilla
Tax question for Joint Venture Rehab for SFR
I’m in a situation where my in-laws and I have agreed to split profits upon the sale of their house in Orange County, California. I would put in the rehab money to renovate their house. And upon the sale of the house...
Jack B.
Full year of renting out before I 1031 a previous rental?
I lived in the house for 1.5 years, then rented it out for 3 years and lived in it again for about a year then rented out again but not a full year yet. Do I need to rent it out again for a full year before 1031 excha...