John T.
CG tax on selling for same purchase price?
Are there any capital gains taxes (or any taxes) for selling a property at the same price at which it was originally purchased? My common sense says no, but I could be wrong. Any insight is greatly appreciated.
Chad Bourque
1st STR Under Contract -- Direction Please?
Hi all,Our offer was just accepted for a condo on the beach in Miramar Beach, FL! This is our first foray into REI aside from our primary home (which while it technically is, I guess, I don't really consider REI). My ...
Larry Shaw
Transferring Property to LLC
First BP post here, this is a great resource! I currently have an LLC established for non-real estate related side gigs. The operating agreement is such that it can perform anything under the sun that is 'legal' and w...
Thomas Morris
Sell Home to LLC and Then Make It Rental Property
I found an article at This Link entitled "Sell Home to S Corporation and Then Make It Rental Property" fits my situation pretty well, except I want to sell it to an LLC that I already own. Would the article apply to m...
Doyle Brewer
Mortgage loan from mom - 1099-INT?
Does the lender or the debtor initiate the 1099-INT in a family situation like this?
Evan O'Brien
10% Downpayment Vacation Home Loan
When purchasing a property with a 10% down payment vacation home loan with intentions to use as a short term rental is not being able to use the property as a rental for 12 months a typical requirement of a 10% down h...
Jerry Fatyhing
ohio unlicensed
an ohio newbie law questionsimple but little hard to findok I understand wholesale ,rent and a marketing are gray if not taboo for an unlicensed person1) for an unlicensed person is it legal to buy a property (distres...
Jaren Woeppel
Business Plan for New Investors
Hey BP Community!My wife and I are getting into the real estate investment world and would love some support and advice from the BP community. We are planning to acquire around 20 units in the next 5 years through sin...
Augustin Tommy Jr.
Where should I begin?!
Hey BP Forum,
I have a question that I’m having a tough time answering and figured I’d ask you wonderful people so I could get out of my own way.
So I’ve currently live in a hot market (Austin, TX) and have been tr...
Shaun Palmer
Cozy - Why no Phone Number for Support?
I am taking a look at Cozy for the property management software and one of the things that I noticed is that they do not have a phone number listed for contacting support. Has anyone had an issue with them? They only ...