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Results (10000)
Alex Cons Cash refinance? Tax free?
8 March 2018 | 5 replies

Hello Canadian BP’ers,

Looking on some feedback regarding a strategy I stubbled upon. If you bought a house a year for 10 years (assuming cash flow positive as well), and on the 11th year refinanced the 1st house to ...

Michael Cote Summer job to qualify for mortgage
10 July 2021 | 5 replies

Okay so here’s the scenario. I currently am looking to buy my first home (condo). Right now I work full time as a bartender until the summer is up then my hours will drastically cut back as I start college in the fall...

Brian Jasinski Trust Related Tax Question
17 November 2023 | 3 replies

Question regarding a property held in a irrevocable trust.Home value is $750K, owned outright by the trust - no mortgage.A family member lives in the house, no rent is charged.Meanwhile, the trust is paying for the ma...

Christopher Shutrump Investing as LP in Real Estate Syndicate using self direct IRA
5 September 2023 | 2 replies

What happens to the the accelerated depreciation received from real estate syndication owned by IRA as LP?  Is this held back and available for use when funds are eventually pulled out of the IRA?

Chris Springer Reinvesting Wholesale Profit into a QOZ
9 April 2022 | 3 replies

I am having difficulty finding an answer to this question... If I wholesale a property (true wholesale where I never gain possession, but do get the assignment fee), does the income count as a capital gain that I coul...

Mario Morales landlord insurance premium tax deductible?
9 February 2024 | 5 replies

From what I understand, you can deduct the entire premium as it is an expense to run the rental property. With prices going up so much, if this lowers your cashflow too much, I feel like you may not look profitable in...

Jameson Sullivan Rehab2Rent Properties and Refinancing.
9 May 2016 | 4 replies

Im looking at a property up the street from where I am, hoping to get it for 120k-130 and according to comps ive seen it could be worth up to 200 or 220. So my question has to do with refinancing my cash out if I choo...

Eric Bueno 3rd party credit line?
12 January 2017 | 1 reply

So through fortune builders I was set up with Nevada corporate headquarters. I had a phone meeting with a gentlemen that is setting me up with a business plan and with a credit line for my LLC that will put my busines...

Justin Florek New to BP
17 December 2015 | 5 replies

I would just like to say a quick hello! I look forward to learning a lot on this website, as well as chipping in some help if I can! I do have one question right off the bat.  I am 25 years old, married with a young d...

Grant K. FHA Loan to Buy a Second Duplex
21 June 2018 | 1 reply

Hello,I bought my first duplex using a conforming loan bought by Fannie Mae. I've lived there for several years and its worked out great. I'm past the required occupancy period and I don't pay PMI. The rate is 3.75% w...