Lani A. Payne
Newbie in Dallas
I am a corporate tax attorney, and I fell into real estate investing by a series of fortunate events. My job transferred me to Dallas, and after renting out my home in Denver, I soon realized I could earn positive cas...
Candice Hill-Crouch
New Landlord wanting to change lease agreement for inherited tenants
I am in the process of purchasing a property with inherited tenants that are being rented for far below market value. IE units are being rented for $475-$500 and market value sits at $800-1125. 3 of the leases are in ...
Benjamin Crowell
Possible issues with turning a SFH into two units be renovating basement
Hi BP forums,First time buyer here! I'm looking to purchase a home near the Anschutz medical campus and convert the basement to it's own 2 bed 1 bath unit with a separate entrance. I'm going to have a contractor do mo...
Shane C Tack
Managing your HELOC
I have a HELOC on my personal residence that I'm currently in the process of remodeling. I have good equity in the house so I pulled out a HELOC to help with the remodel expenses. Over the last year the interest rate ...
Kurt Gutormson
Seller Financing and 1031 Exchange
Can an owner sell a property with seller financing and still use a 1031 exchange to purchase another property? Or how would the seller go about structuring the deal to avoid the large tax costs with selling?
THU NGUYEN
Real Estate Professional Status and Loss from Syndication-Passive
Hi All,I am claiming RE professional in 2019. I'm active in managing all my rentals, my flips etc...However, I have a passive loss from a K1 issued by the syndication deal where I am set up a limited partnership. Ca...
Eric DeVito
Cleveland or Columbus Ohio areas
Hello all, I am interested in getting into apartment complex investing in either Cleveland or Columbus Ohio areas. I would say between 15-50 unit size. Can anyone locally recommend which areas to focus on and which to...
Bill Scott
Bedroom and a Pool?
I'm looking at a bank owned, 2br Cape Cod for a flip. It's about 60 years old, in very good condition.....except that it looks like the set from "That 70's Show"...orange counter tops, dark cabinets, green carpet, et...
Kat N.
Deduct construction cost from personal income (for tax purpose)?
Hello Biggerpockets community, I am newbie in Real Estate. I just bought a house (in California) under my name using traditional bank loan (so no LLC or Corp). My thought process is that I will fix-up the house. If th...
Thomas B.
Cash-Out Construction Loan Newbie
I am learning a lot on my 1st Investment property!I initially purchased it as a 2/1 single family needed a complete gut job, using a HELOC from my primary residence with the enough left over to do a budget conscious r...