Mike Nelson
Accrued revenue for sale of flip ? my closing is being pushed
I have a flip i bought in October 2015 that was suppose to close on the 31st. But we now have an issue that is pushing it a week. I have never had this problem, but is there any tax law that allows for accrued revenu...
Mary Jay
How to transfer RE into Roth
Hi guys, I might be confusing something...But if I understood correctly, it is possible to transfer from IRa that contains real estate into Roth that will contain real estate?Is that true? Or I misunderstood? What kin...
Jay Axness
1099-S for transferring RE into personal LLC/LLP?
We are planning to transfer an investment property into an LLP at our cost basis. Are we required to file a 1099-S for our contribution of the real estate to the LLP? Given we are transfering into the LLP at cost bas...
Rebecca Stumpf
Just refinanced, Now Want to Turn Primary Res Into a Rental
Hi there! I just closed on refinancing my primary residence that I have lived in since 2016. One of the things I signed in the documents is that I intend to keep the property as my primary residence. To be specific, i...
Heath Weddle
Wish to have current equity realized B4 moving RE into a rental
Sorry for the acronyms, but there is limited characters allowed in the subject box.Situation: I have a home which I have lived in for 10 years. During that time, it has appreciated $400k without the blink of an ey...
Jason Harty
Lake Norman, Mooresville, NC - In contract for our first STR!!!
Hey all!It is with super excitement that I share that my wife and I are in contract for our first investment home that we intend to rent out on a short-term rental basis. The property is located on the beautiful Lake ...
Sergio Rodriguez
Becoming an Real Estate Agent for Investing
Hello BP Forum,I am very new and exploring options to gain education and experience from within the industry. One option most ponder over is becoming a Real Estate Agent in the desired market area and is even advocate...
