Alex Bogue
example of Wholesaling with mortgage
16 April 2024 | 1 reply
310k x 70% minus repairs and my fee?
James Sudarsono
Can only one member of a multiple member LLC change to an S-corp?
16 April 2024 | 2 replies
You can make this election at the same time you file your taxes by filing Form 1120S, attaching Form 2533 and submitting along with your personal tax return
Joseph Triana
Buying into a family members property correctly
16 April 2024 | 0 replies
We understand we need a lawyer to create a warranty deed but we have some confusion on how to handle to tax portion.
Tia Gaulke
Buying First Duplex
15 April 2024 | 5 replies
This loan type looks at the rent currently generated by the property OR the anticipated market rents (determined by the appraiser) and compares it to the monthly principal, interest, taxes, insurance and HOA (if applicable).
Nick C.
How to use a Cost Segregation Study DST
16 April 2024 | 2 replies
I don't think my tax advisor is claiming depreciation for two rental properties and I'm looking for some help from the BP community.
Jonathan Rivera
How to determine what class neighborhood?
16 April 2024 | 13 replies
Anything that's high priced luxury huge lot sizes, amazing landscaping, bigger garages, and HOA fees is probably A class.
Zachary Gilula
Analysis Question: Keep or sell/1031 an existing rental
16 April 2024 | 8 replies
I'm checking to see if we're able to get a loan on a manufactured home, but generally I would look to get into a syndication (tax advantages, etc.) or private capital fund (10-15%) which is where I'm seeing we may be leaving quite a bit on the table.
Javis Ray
Is getting both licenses a "No Brainer?"
17 April 2024 | 13 replies
I keep the CA brokers as I will do some referral work through the course of the year and with price points in CA referral fee's can be 10k plus..
Tom Hoffman
finer points of renting a room in to a family member
16 April 2024 | 2 replies
In the past, RentingFamilyMember has filed Schedule E and apportioned expenses by rental percentage, including mortgage interest and real estate taxes between Schedule E and Schedule A.
Kathy Kifer
Tenants using Credit Cards to Pay for Rent
15 April 2024 | 10 replies
Tenant pays all fees and the choice is theirs.