I'm new to Bigger Pockets and am interested in investing in rental properties in order to gain multiple streams of income. I'm a busy mom of 2 with a full-time job and need to free myself from my 9-5 in order to spen...
Hi, everyone. Question around Land Trusts and in-state Operating LLCs. When an in-state LLC is the beneficiary of a Land Trust, you have a legal entity that is recognized by the State (ie. the LLC) that can take act...
Wondering what thoughts anyone would have on renting out our current house vs selling? We owe $167K house is worth $330K. 12 years left on loan -rent for $2k / mo. Would make pymt and cash flow $150/ mo. However I be...
Hi my name is Danny. We bought a house for 550k in Canyon Country, Ca 91387 in Spring of 2019. My partner commutes an hour + everyday and works for a high paying job but the stress is killing him and making him misera...
I'm closing on a house next week that happens to be in an opportunity zone. I will be doing substantial work on the house - my rehab budget is larger than the cost of the house. I also have lots of unrealized capital ...
Hi,
I am starting in the real estate investment world in Mexico City. I have enough cash to buy 1 apartment, but I am deciding if it better to use loans to acquire more than 1, maybe 2 or 3. What are the benefits o...
I own a personal residence with A LOT of equity. I'm single, so if I sell it I can avoid tax on $250K of cap gains, but there would be significantly more than that. If I sell the property, and roll the proceeds into...
Curious as to how a 1031 exchange works when selling a house on contract. If I sell a house on contract when does the 1031 exchange actually take place?
If I'm looking to buy and hold a property as a rental for a few months with my wife and then choose to do a 1031 exchange for either another property or multiple, is this a good plan?
Also we own a house currently a...
I have a property I am selling this week. I purchased the property in 2012 for $45k. I put an additional 40k into the deal in capital improvements in 2012 as well. I refinanced the deal for $90k, and currently have...