Hey BP Family!I'm looking for some guidance on initiating a 1031 Exchange. I purchased a SFH in NC under my LLC. I'd like to sell it and use the funds towards a vacation home in Northern California (the property has a...
I actually did see this on TikTok, but also in my profession I have seen this idea used as well. I however, do not know the ins and outs so I figured this would be a good place to start. My wife and I are expecting ou...
Im planning on house hacking my first property but confused on how to go about finding a decent to good tenant and the overall management of tenants. Should I use a lawyer to help me establish leasing agreement? How w...
Most general partners say that the losses you can show after a cost seg study with multifamily will write all all of your income that you received via preferred returns while that property is being held and paying the...
so basically I’m new to real estate and I’m looking at a property , the guy wants cash only and if I don’t have the funds and don’t want a partner that leaves hard money lending, right? So I think I have a basic under...
I've been renting out a single family residence in San Bernardino county California for approx 8 years, and have been relying on insurance as my sole protection.I wanted to level up my asset protection game by creatin...
My father-in-law and I own a duplex rental property that we have a commercial loan on with our LLC. We are pretty green with understanding all the in's and out's of rental properties, but we are educating ourselves. W...
I will try to keep this as brief as possible : Partner and I purchased 2 rental properties in Florida with cash under one LLC (lets call this LLC 1).Now looking to do a cash out refinance and having trouble for a mult...
I know an IRA can be used to purchase real estate, but can I combine IRA funds with non-IRA funds to buy a single property? I.e. I would see it as a partnership from a tax perspective, with IRA owning a portion, and ...
I am currently under contract with my first flip. The project is a 4 bed 1.5 bath single family with a detached garage. I'll pay $13K for the house, anticipated rehab is $25k, hoping to be all-in under $40K. Comps in...