
25 April 2024 | 21 replies
Most investors I know including myself don't use their own money for deals unless they absolutely have to.

26 April 2024 | 11 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

26 April 2024 | 13 replies
Disqualified persons include your fiduciary and members of your family (spouse, ancestor, lineal descendant, and any spouse of a lineal descendant).The following are examples of prohibited transactions with a traditional IRA:Borrowing money from it.Selling property to it.Receiving unreasonable compensation for managing it.Using it as security for a loan.Buying property for personal use (present or future) with IRA funds.

25 April 2024 | 4 replies
The one side of the house w 3 bedrooms is already ADA compliant with wide hall and doors to include community ada bath.In the next year or so, I'd like to rent out to assisted living company or the like.Any advice is greatly appreciate and anyone interested, pls let me know.Thx!

25 April 2024 | 18 replies
The opening bid will be the combined cost of the lien with the included Treasurer's fees and costs.

25 April 2024 | 7 replies
(Steadily does replacement cost which does not include depreciation).

25 April 2024 | 2 replies
Losses, including carried forward from RE (tax form 8582) can be used to significantly offset roth conversions in early retirement if you keep income under the threshold.

25 April 2024 | 2 replies
In the section for rentals in TurboTax, there is a checkbox if it was the first year for a rental, including the number of days it was rented.

25 April 2024 | 16 replies
Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.
25 April 2024 | 0 replies
To minimize audit risk, it’s advisable to choose “Other interest” instead of “Mortgage interest” when reporting.Part 2: Forms 1099-INT from Investors to Private LendersForms 1099-INT Explained: Similar to the interest earned on savings accounts, Form 1099-INT outlines the interest that must be included in taxable income.