Andres Castaneda
23 YEARS OLD BUYING MY FIRST INVESTMENT PROPERTY
Hi BP fam!Here again with some exciting news... I'm buying a house!! Closing is scheduled for the 27th of this month and things are progressing as they should. I am super excited as well as nervous, but feel more read...
Paul Gold
Q: Taking assignment of a tax lien in a sdIRA.
Hi all, hope you are well this evening. Considering the following scenarios and would like opinions about whether the IRS would consider them allowable transactions, please.
My brother and I each have our ...
Robert Duffer
Asset Protection Strategies
Hello everyone,
I have heard varying opinions from many friends about asset protection as related to real estate. To get an LLC or "no" LLC is the most common thread of discussion. I thought - why not ask the questi...
Philip Hy
Burning Tax and Legal Questions~~
I've asked a lot of people but not getting any clear answers. These questions are keeping me up at night!
1.) My wife and I want to maximize number of conventional loans. We heard if lenders see that we file taxes to...
Account Closed
1031 Exchange - Existing Duplex to New Construction 4plex
I have an aging duplex purchased in 2012 with substantial gains and I'm considering cashing out to build a 4plex. Would this be considered a "like kind" exchange in the eyes of Almighty IRS b/c it's a new construction...
Andy Wilson
Primary residence into investment property
Hi BP,I am moving and try to keep my primary home and rent it out. Can I transfer my primary home into my LLC as an investment property?
Kyle Koppenheffer
Using a Self-Directed IRA Account to Invest in Real Estate
Hey BP! I've recently switched jobs which has given my previous IRA account the ability to transfer banks. While researching REI, I've come across the idea of using a self-directed IRA account to invest in real estate...
Jeremy Segermeister
Seller financing deal structures
I’m considering purchasing a fsbo property for my primary residence. The current structure is a tear down. The owner is an older man who purchased the property 50 years ago. It is now worth $1.4M. He’s had multiple ca...
Karan Rekhi
Atlanta Metri vs Dallas Metro for SFH long term buy and hold?
My target price is around $550,000. Looking for strong long-term appreciation and at least neutral cash flow on a 30 year mortgage including property management fees. Looking for a standard three bedroom two bathroom...
Alyssa Feliciano
Looking for Information on LLCs
Hi BP community!Where is a good resource to find information about LLCs? What books/video/people should I look into. I’m considering creating an LLC with a family member and have lots of questions. I would really like...