Virnisha Pastore
Fix & Flip or Rent?
24 February 2024 | 2 replies
I agree with everything @Devin De Lange said and would add one additional factor to consider.
Stephanie Baron
Turning Primary Residence into first investment Property
25 February 2024 | 13 replies
The first thing to consider in CA an LLC will have a $800 per year Franchise State Tax fee.
Suneel P.
PMI removal impact
24 February 2024 | 4 replies
Most servicers will charge maybe a 250 dollar fee for this.
Dean Neiwert
To recast mortgages or not
23 February 2024 | 2 replies
If you have good cash flow on your properties, there is an argument to kill some of the debt with high interest of high K factor (large principal, small interest payments).
Victoria Moreno
Thoughts on Investing Out of State?
24 February 2024 | 20 replies
If one market experiences a downturn, others may remain stable or even thrive.Higher Potential Returns: Some out-of-state markets may offer higher potential returns due to factors like lower property prices, higher rental yields, or stronger appreciation rates.Access to Different Economies: Investing in diverse markets allows you to tap into different economic conditions, potentially capitalizing on areas with strong job growth, population expansion, or industry booms.Specialized Opportunities: Certain markets may specialize in specific types of real estate, such as vacation rentals, college rentals, or luxury properties.
Kyle Jacques
Question on STR and Tax
24 February 2024 | 2 replies
Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
Tommy Nguyen
House hack single-family residence buy and hold investment in Cincinnati, OH
24 February 2024 | 1 reply
Able to get the seller to agreed to knock down another $10g, in addition to the repairs and inspection fees.
Account Closed
Calling all w2 professionals! What if you could pay ZERO in tax for 2024?
25 February 2024 | 19 replies
It depends on a variety of factors like tax brackets, what you actually want to invest for the long term in, stuff like this.
John Tran
Looking for cost segregation company and real estate cpa
24 February 2024 | 4 replies
Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
Stephanie Baron
Philadelphia Rowhouse Renovation
24 February 2024 | 1 reply
You can bill through a monthly fee for the solar.