Hi there,I’m 34 years old, live in Florida, got divorced recently and have 1.5 year old twins, and have never owned property. Just recently I started listening to the bigger pockets podcasts as I was looking for inspi...
My wife and I just purchased a new construction property outside of Fort Benning, GA in a developing area of Fort Mitchell, AL. We can’t decide if we want to sell it or rent it out when we leave here in about 2 years....
Hey all! New to BP. Would love all of your thoughts. Please be brutally honest! I own a townhome in Ladera Ranch, CA. Its a really nice neighborhood. Bought in 2019 pretty high. We recently moved to KY. This townhouse...
Will sell with a profit of $200K under wife and husband names.
1) $200K at about $3k tax.. not too bad... shall better to do 1031 or just pay tax?
2) How much is the fee for doing 1031? $1000?
3) The sold p...
I purchased my first single family home 3 years ago when I was 24 years old. It's a 4 bedroom colonial and I've been renting out 3 of the rooms to friends while I have occupied the 4th. The value of the home has incre...
Hi there,Soon I'll be downsizing my elderly mother and having her move in with me and want to sell her home. It's an older duplex in northern california that my grandfather owned and made various modifications to way ...
Hello everyone! I'm new to real estate investing and I am considering using the equity in my existing home to start out. My current home value is between $350-370k and I have a mortgage balance of $142k. I estimate...
So my mother has a 401k that she needs to roll over into something. She is willing to loan the money to me to help purchase real estate. Thereis roughly 26k in the account.
What would be the best vehicle to move th...
Hi BP,Like many buy-and-hold REIs, I'm getting hung up on what entity to form with regard to investing in notes.Have most of you formed an LLC? My understanding is that some exchanges will only sell to an LLC or compa...
So as I understand it, the reason for setting up and LLC is for Checkbook SDIRA. I do not have an LLC but I have contacted my SDIRA holder and I am ready to purchase my first property. I can do it all cash for a duple...