Kevin Douglas
Needing Advice on getting cash for purchase
Hello all, i am new to the investing world and new to BiggerPockets. Im 35, married with a 1.5 yr old with another due in August and I live in Charleston SC and wanted to give my scenario and get some advice on what t...
Alex E.
wholesaling properties under distress
I have heard that the best properties to wholesale are the ones where the owner has almost 100% equity. But can you wholesale properties where the owner has a loan-to-value ratio of 90% to over 100%, where the person ...
Chris Oswald
Solo401k creation timeline
I have looked into the self directed IRA and solo 401k and feel the later is a great option for me (yes I am self employed). I am curious about the timeline to have funds from previous employer retirement plans and a...
Kyle K.
Exchanges and Excess Depreciation
I was reading an old BP article posted by Jeff Brown regarding the use of excess depreciation and how it could be used in replacement of 1031 exchanges: http://www.biggerpockets.com/renewsblog/2010/01/05/150k-year-exc...
John M.
Owner who doesn't want to move for 2 months
I received a wholesale lead today that looks good. The price the owner is requesting meets my criteria for a wholesale deal, but the problem is he wants to move mid-january after the holidays are over with.What do you...
Mark A. McElhannon
Tax liability when selling investment property
I have basic question that I'm still unclear on. I'm looking to sell my first SFH, which I've owned and rented for 17 years, for a profit. I'm unsure of the tax liability/taxable gain due after the sell. This will det...
Holly Peterson
Renting to tenants with service animals
Hi everyone,
I live in Oregon and we are required to rent to tenants with service animals even if we have a no pet policy. Is anyone else dealing with this legality?
thanks
Joe Edwards-Hoff
"Farm" Loan with under 20% down?
So, I found a home that I would like to buy. It is on 20 acres and has 10 acres of cherries on it. I don't intend to work the cherries (the current owner leases them), but because of them, I have been told that it qua...
Kerrie Carre
Rental loss
My husband and I own 6 rental properties. His sister and 3 children moved into one fully intending to pay rent. However she fell ill, lost her job, and has not paid but a few months rent this year. Of course my questi...
Omar Hassan
Very New investor with very little tax knowledge
Hi everyone, i wanted to put my ignorance out there and see if I can learn some valuable information from you all. I'm looking to form a simple tax strategy based on a very small portfolio, I want to do it right while...