MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
See if you can roll anything into zero interest cc and knock off the higher interest stuff.
Irina Badal
Living trust/personal residence trust
24 December 2024 | 5 replies
So feels like a roll of a dice to me.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
19 January 2025 | 15 replies
and for sure I would think BP charges sponsors to advertise on the forum just like they charge to advertise on this forumthey are having some sort of event and the guest I saw were Brian Burke ( top shelf ) and Jeremy Roll ( another wickedly smart dude) compared to the guru trainers who I really dont know much are anything about so cant comment on them.
Bradley Buxton
What are the scariest things about real estate investing?
5 January 2025 | 24 replies
The fear of unknown and the bad potentials, but then sh_t happens and ya remember that we got a choice to lay down and be done in by it or roll-up the sleeves and get to work and be a solution maker.
Katie Southard
Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
Perhaps you could roll the housing equity into a smaller business.
David Fowler
BP Meetup in Barboursville/Huntington, WV Area
5 January 2025 | 28 replies
Absolutely man, I’ve got a small group of people I know personally who are ready to roll.
Blake Dailey
I Bought A 130 Unit Hotel and Resort!!
1 January 2025 | 36 replies
I would advise picking one of those strategies and rolling with it.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
., better comps, rent roll, market trends).
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
28 December 2024 | 16 replies
There's talk of rolling back some of Dodd Frank with the new administration, so we'll see.
Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
As mentioned elsewhere, breakeven on cash flow is not the same as break even for taxes.Let's make some assumptions:Rental income = $1000Mortgage payment = $400 - but $300 is interest and $100 is principalOther expenses (repairs, advertising, utilities, etc) = $600Depreciation = $250The above scenario creates a break even from a cash flow perspective, however the tax scenario looks like this:Rental income minus the mortgage interest (principal is not deductible) minus the other expenses minus depreciation looks like this:1000-300-600-250 = $150 LossIf your income is over $150,000, then you cannot deduct that loss, but you can roll it over to future years.