I'd like to hear other opinions on this...I'm debating if I should cash in on my 3 flat in downtown Wheaton, IL. Any thoughts out there? In March 2018 I completed a three year battle with the City of Wheaton (this u...
Hello , Good morning. I am listing my residential investment property in a day or two for sale and want to do 1031 Exchange. I have one technical question about this transition.In relinquished property, my wife and I ...
hello BP world,I am a beginner investor. I saw a very run down single wide on a very desirable piece of land. The trailer was in complete disrepair. There were ton of junk in the yard too. Is this worth taking on? Can...
Looking to buy my second home and turn my first into a rental. Those of you with the knowledge of the market in Phoenix metroplex, AZ. Where and when would you suggest I look? I’m curious to start with simple single f...
Currently own following properties:a. Single family home, Zillow says it's worth $161,000. Currently rented for $850/month, same tenant for 3-1/2 years. Lease is month to month.b. Single family home, Zillow says $118,...
I have a condo that I rent near Tampa FL. The unit was bought in cash and is worth approx. $100,000. On two separate occasions (2016 and 2018), I applied for a mortgage so I can use some of the equity to purchase anot...
I will be completing a 1031 exchange in the next couple of months. Selling prop in Washington and buying in Montana. My current property is titled to my wife and me as a married couple. We want to title the new prop i...
A friend of mine and I were having a discussion about his current situation the other day, and I'm curious to hear others opinions, specifically those active in the BP forums. He currently lives with his girlfriend an...
If you have 3 investment properties in personal names, how can you later sell each and buy another in order to qualify for 1031? They can mix up.If you buy each in different LLC names, easier for 1031 tax purposes. ...
This is generally for people who have experience with both. Which do you like better and why? Which do you recommend for a beginner? This is for buy and hold purposes.