Tristan McGowan
URGENT! Investing in Probate property!!
Hello BP community!
A potential(ly great) opportunity just presented itself to me through a friend. Her neighbour unfortunately passed away from a long battle with cancer today. Death is obviously difficult for any f...
Tristan McGowan
URGENT! PROBATE HELP
Hello BP community!
A potential(ly great) opportunity just presented itself to me through a friend. Her neighbour unfortunately passed away from a long battle with cancer today. Death is obviously difficult for any f...
Tristan McGowan
Investing in an inherited property
Bonjour compatriotes d'investisment Immobilier!
A potential(ly great) opportunity just presented itself to me through a friend. Her neighbour unfortunately passed away from a long battle with cancer today. Death is o...
James Masotti
Paying off personal contributions with business proceeds
So I'm just getting started with doing buy and hold under my LLC. My first deal didn't go nearly as well as expected, so I still have quite a bit of my own personal funds in the deal as well as outstanding balance on ...
Tristan McGowan
URGENT! PROBATE HELP
Hello BP community!
A potential(ly great) opportunity just presented itself to me through a friend. Her neighbour unfortunately passed away from a long battle with cancer today. Death is obviously difficult for any f...
Lee Cruz
bank wants 35% down and 65% LTV for my business. How to proceed?
I just finished talking to the bank. I was planning to use my business to purchase rental properties. I initially thought it would be 20%, but its 35% for businesses. Also its 65% to refinance after 6 months. I was lo...
Adekunle Popoola
Double Closing and Capital gains tax for wholesalers
I am an wholesaler who recently had a double close. i would like to know the following?
-Are my proceeds subject to capital gains tax?
-If so, What portion of my proceeds will be subject to the capital gains tax?
...
Tara G.
Cash-out mortgage to invest abroad- Tax implications?
We have a paid off rental home held in an LLC that we have a business LoC against (which can be converted to a fixed cash-out mortgage). We are looking to invest the proceeds in real estate abroad. Can we deduct mortg...
Ben Parr
Income Tracing on Cash out Refi
I'm currently in the process of doing a cash out refi on my primary, and plan to use the proceeds to purchase more rentals. I am planning on counting the loan as a loan not secured by my home per IRS publication 936. ...
John Underwood
EIDL loan - Use of Funds
Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...