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4 October 2024 | 11 replies
So if anyone attending with kids, please let me know.
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6 October 2024 | 8 replies
I would think your first stop would be with your property manager to see what data they can share.One of the reasons for hiring a property manager is so you don't have to deal with all of this stuff.
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5 October 2024 | 9 replies
You’ve already experienced a stressful beginning to the year with turnover and vacancies, so ensuring that any new investments won’t put you back in that situation is crucial.Another thing to consider is your overall strategy.
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4 October 2024 | 8 replies
If so, how much do you think the rehab will cost to get it rent ready.?
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4 October 2024 | 3 replies
Hi everyone, I have it as a goal next year to buy one investment property so I need to learn as much as possible about the process for doing so.
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4 October 2024 | 5 replies
Occasionally there are some that don't ask 1000 questions and are pretty self sufficient, just trying to maximize their time and network, so those may get some consideration.
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30 September 2024 | 19 replies
So exciting to hear you are ready to begin your journey!
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4 October 2024 | 8 replies
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above income limits) and I am a General Partner in a multifamily deal.I have received 2 K1s from this deal (one as a GP) and another as an LP (since I put in some of my own money).Am I allowed to take the K1 losses from this deal to offset my W2 income?
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5 October 2024 | 2 replies
I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over time, as each joint tenant passed away, leaving 1 sole tenant who gained full ownership by rights of survivorship.I've gotten differing opinions from different professionals and am trying to understand the calculation of the basis and the final capital gains tax that would be due myself so I can spot bad advice and understand deals.Assumptions:A condominiumNo depreciation has ever been taken by any owner.No 1031 exchange.No expenses or improvements.