If there is a house owned by a trust and all three trustees currently have ownership of it. Is there a way to buy out one trustee without triggering capital gains taxes?
How are people using the equity in their homes? I'm looking for a HELOC for my investment property. I'm looking for about 80% LTV, and my mortgage is about 70% LTV, so looking to pull out about 10% LTV or ~100k. All m...
We have a "condotel" on St Pete Beach in Florida. If you haven't heard of the condotel model, you'll want to look it up. Ours is at the Tradewinds resort in the Jacaranda building. We net between $45-50k per year and ...
In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?
Here’s why I’m ask...
To explain my question, myself and a business partner live in Southern California. Our target market is a more affordable town in south Texas where my relative lives. He is willing to be a property manager and in retu...
Good Morning BP,My business partner and I are in the process of purchasing a property. We are looking for advice on the best way to manage the shared down payment, for tax purposes. I'll try to outline the details as ...
Situation: A foreign (non-resident alien) owner of US in situs real estate (two single family properties) wants to transfer the properties to their adult child, who is a US citizen. However, to my understanding, there...
Hello BPers, Thanks to all the knowledge and tips, I am an investor now with 5 under my belt, few more in contracts to close in few months. I started venturing out talking to my friends on how we can grow together in ...
Can you please share your success stories on finding good partners? Especially the ones that go into long term "buy&hold" contracts and have to practically "marry" a partner for at least 7 to 10 years!Thank you in...
I am looking to setup a realty investment company funded by investors. What would be the steps to create such company, which will be using 2 streams of income, rental and buying/selling properties ?