Jessica Singh
1031 from a jointly owned property. One pays tax, one 1031
Asking for a friend.
Rental property bought as husband-wife. Title: held together as a married couple. Now going through a divorce, wife wishes to do 1031 on her share (50-50). Since IRS rule is that tax id of proper...
Aya Inoue
Anything special to consider with condos?
Hi everyone! I have been doing some research and am looking to get into the real estate investment world. I think I'd like to start with owning a rental to generate some cash flow. And I'm not looking really to gener...
Alex Martens
Seeking advice on brother living in our multi-family property
Hi BP community,I hope this post finds everyone well. I'm looking for some opinions on me and my brother's situation. I am looking to buy my second property (ideally a multifamily), and coincidentally my brother is lo...
Michael Maloney
Creative financing for first time home buyer
I am a 22yo first time home buyer in Indianapolis looking to creatively fund my mortgage. My wife and I have thought about house hacking, but most of the duplexes and triplexes are in lower income areas where I do not...
Sean Elliot
Advice for first property, BRRRR
Hi, I'm interesting in putting the pieces in place to make a career change, starting out following the BRRRR strategy. I live in Irving Park and would like for my first property to be within a 20-30 minute drive (pre ...
Kenny Robbins
Short term rental help
Hello,
So I have 2 properties in Missouri and wanted to branch out specifically into the short term rental market. My main concern is cash flow. I want to cash flow if possible 1k or more from each property I would b...
Juan Mendoza
How much risk is too much?
Hello, everyone! I understand that the answer to this question will be different because everyone has a different on opinion on how much risk to take. I'm 19 years old I live in Romeoville Illinois, I want would like ...
Fatima Champagne
Pros and Cons of a FHA loan
In a prior discussion, a number of BP members recommended that I start with a FHA loan. I plan to purchase a duplex or quad in the coming year, and originally thought to save 20% for a down payment. But a good deal of...
Cathy Gribble
CPA for California State Taxes and potential Louisiana rentals
Is it recommended to get a CPA who can handle my state/federal taxes and investment properties? I would like to find someone who can do both but I live in Los Angeles and am looking to invest in Louisiana. Any recomme...
Dustin Thornberry
Newbie from Hawaii
Aloha everyone,I am a 28 year old air traffic controller in Hawaii and real estate has always interested me. First timer on this site and am very impressed by the wealth of knowledge on here. I am mainly interested in...