Patrick Gerrity
1031 exchange with an inherited IRA?
I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...
Anthony Alvarez
I Inherited Properties! How do I start? LLC? HELOC? CPA?
Hey Everyone I'm 24 years old trying to figure out REI. I figured after searching through forums on BP I'd ask some of my personal questions.
My father passed away unexpectedly and my mother, brother, and I inherited...
Kalyn Williams
How do you collect your rent?
Hey Everyone, My husband and I are relatively new to being landlords. I am trying to find the most efficient way to send out a notice for Rent and collect it as well. Currently, I send out a formal text message 2 days...
Account Closed
Ductless Heating and AC
I had a heating and air conditioning talk to me about doing a ductless system in a 900 sqft house. Has anyone had any experience with these units?
Evan Williams
Potential Tenant with Large Inheritance, but no Income
I have an applicant for one of my properties who has no income, but a large amount of money in their name from an inheritance.Everything else being equal, would you consider renting to someone in this situation? If so...
Kevin Polite
Expenses vs. cost basis in renovation
I read somewhere that when you are remodeling a house to rent that some of the repairs actually can be written off in the year in which the remodel takes places and that it all doesn't have to be included in the cost ...
Chris Clark
Investing in Self Directed/Real Estate IRA?
I'm interested in hearing about pros and cons from people that have acquired investment properties through an IRA, solo 401K, etc...I'd appreciate any referrals to Real Estate IRA custodians that you work with.
Tha...
Stephen Aki
Converting ROTH to Traditional then to Solo 401K Plausible?
So, I've been searching for how I get my current investments into a Solo 401k. After doing some digging I found that I cannot roll my current ROTH into a solo 401k. I believe I can roll it into a traditional IRA whi...
Gurjot Grewal
Buying all cash US foreclosures as a Canadian
The market I had chose to invest in Canada (around halifax) is seeing a bit of a shift. With rates continuing to go up and putting downward pressure on this market, I do not want to rush into a deal unless it absolute...
Adam Graziano
I'm a newbie, how do I get started on the financial side??
Hi everyone,
i am looking to get into the STR market by purchasing my first property in Virginia this winter.
On the finance side, I assume I will need to start an LLC. How will that effect the purchasing process? ...